IFP Advisors Inc decreased its stake in iShares Silver Trust (NYSEARCA:SLV) by 0.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,325 shares of the exchange traded fund’s stock after selling 385 shares during the period. IFP Advisors Inc’s holdings in iShares Silver Trust were worth $2,016,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. IPG Investment Advisors LLC raised its position in shares of iShares Silver Trust by 0.3% in the second quarter. IPG Investment Advisors LLC now owns 19,220 shares of the exchange traded fund’s stock valued at $302,000 after buying an additional 50 shares in the last quarter. Puplava Financial Services Inc. raised its position in shares of iShares Silver Trust by 4.1% in the second quarter. Puplava Financial Services Inc. now owns 14,485 shares of the exchange traded fund’s stock valued at $228,000 after buying an additional 565 shares in the last quarter. Sei Investments Co. raised its position in shares of iShares Silver Trust by 16.2% in the second quarter. Sei Investments Co. now owns 9,753 shares of the exchange traded fund’s stock valued at $154,000 after buying an additional 1,362 shares in the last quarter. Smithfield Trust Co. raised its position in shares of iShares Silver Trust by 26.7% in the second quarter. Smithfield Trust Co. now owns 6,843 shares of the exchange traded fund’s stock valued at $108,000 after buying an additional 1,443 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in shares of iShares Silver Trust by 1.8% in the second quarter. Stratos Wealth Partners LTD. now owns 91,657 shares of the exchange traded fund’s stock valued at $1,440,000 after buying an additional 1,626 shares in the last quarter.

iShares Silver Trust (NYSEARCA SLV) opened at 15.33 on Tuesday. iShares Silver Trust has a 1-year low of $14.44 and a 1-year high of $19.52. The firm has a 50 day moving average of $15.51 and a 200-day moving average of $16.30.

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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.

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

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