Ameriprise Financial Inc. Cuts Holdings in iShares Silver Trust (SLV)

Ameriprise Financial Inc. trimmed its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 491,800 shares of the exchange traded fund’s stock after selling 4,348 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.15% of iShares Silver Trust worth $7,736,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sowell Financial Services LLC purchased a new position in shares of iShares Silver Trust during the third quarter valued at approximately $166,000. SG Americas Securities LLC lifted its holdings in shares of iShares Silver Trust by 89.0% during the third quarter. SG Americas Securities LLC now owns 238,394 shares of the exchange traded fund’s stock valued at $3,752,000 after purchasing an additional 112,249 shares during the last quarter. Optiver US LLC purchased a new position in shares of iShares Silver Trust during the third quarter valued at approximately $18,226,000. Stratos Wealth Partners LTD. lifted its holdings in shares of iShares Silver Trust by 4.6% during the third quarter. Stratos Wealth Partners LTD. now owns 95,831 shares of the exchange traded fund’s stock valued at $1,508,000 after purchasing an additional 4,174 shares during the last quarter. Finally, Advisor Group Inc. lifted its holdings in shares of iShares Silver Trust by 1.1% during the third quarter. Advisor Group Inc. now owns 278,963 shares of the exchange traded fund’s stock valued at $4,390,000 after purchasing an additional 3,087 shares during the last quarter.

iShares Silver Trust (NYSEARCA:SLV) opened at $15.40 on Monday. iShares Silver Trust has a 1-year low of $14.44 and a 1-year high of $17.59. The firm has a market cap of $5,330.00 and a P/E ratio of -6.47.

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iShares Silver Trust Profile

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.

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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