Simmons Bank Sells 10,665 Shares of iShares Silver Trust $SLV

Simmons Bank reduced its holdings in iShares Silver Trust (NYSEARCA:SLV) by 32.6% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,084 shares of the exchange traded fund’s stock after selling 10,665 shares during the quarter. Simmons Bank’s holdings in iShares Silver Trust were worth $1,505,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Sarver Vrooman Wealth Advisors bought a new position in shares of iShares Silver Trust in the fourth quarter worth approximately $30,000. Intesa Sanpaolo Wealth Management bought a new stake in iShares Silver Trust during the fourth quarter valued at approximately $32,000. Sfam LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at approximately $33,000. Rialto Wealth Management LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at approximately $33,000. Finally, Redwood Park Advisors LLC grew its stake in iShares Silver Trust by 106.4% in the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 266 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $53.47 on Wednesday. The company’s fifty day moving average price is $65.53 and its 200-day moving average price is $70.13. The firm has a market capitalization of $30.26 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a one year low of $32.71 and a one year high of $109.83.

About iShares Silver Trust

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.