Bard Associates Inc. Cuts Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Bard Associates Inc. decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 35,087 shares of the exchange traded fund’s stock after selling 1,437 shares during the period. Bard Associates Inc.’s holdings in iShares Silver Trust were worth $924,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SLV. Quadrature Capital Ltd purchased a new position in iShares Silver Trust during the 3rd quarter valued at about $91,122,000. Proficio Capital Partners LLC increased its position in iShares Silver Trust by 715.2% during the 4th quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after purchasing an additional 1,858,658 shares during the period. Bank of Montreal Can increased its position in iShares Silver Trust by 258.4% during the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after purchasing an additional 1,370,298 shares during the period. DRW Securities LLC increased its position in iShares Silver Trust by 1,019.8% during the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock valued at $19,598,000 after purchasing an additional 764,813 shares during the period. Finally, RIA Advisory Group LLC purchased a new position in iShares Silver Trust during the 3rd quarter valued at about $20,773,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $28.75 on Tuesday. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. The company’s 50-day simple moving average is $28.17 and its two-hundred day simple moving average is $28.18. iShares Silver Trust has a one year low of $21.39 and a one year high of $31.80.

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.