Investors Sell iShares Silver Trust (SLV) on Strength (SLV)

Investors sold shares of iShares Silver Trust (NYSEARCA:SLV) on strength during trading hours on Monday. $25.55 million flowed into the stock on the tick-up and $28.42 million flowed out of the stock on the tick-down, for a money net flow of $2.87 million out of the stock. Of all stocks tracked, iShares Silver Trust had the 31st highest net out-flow for the day. iShares Silver Trust traded up $0.24 for the day and closed at $15.65

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MD Financial Management Inc. acquired a new stake in iShares Silver Trust in the 4th quarter worth $34,463,000. Virtu Financial LLC grew its position in iShares Silver Trust by 65.8% in the 3rd quarter. Virtu Financial LLC now owns 671,638 shares of the exchange traded fund’s stock worth $9,989,000 after purchasing an additional 266,448 shares during the last quarter. Lakewood Capital Management LP boosted its position in shares of iShares Silver Trust by 15.0% during the 4th quarter. Lakewood Capital Management LP now owns 606,000 shares of the exchange traded fund’s stock valued at $9,690,000 after acquiring an additional 79,000 shares in the last quarter. AMG National Trust Bank boosted its position in shares of iShares Silver Trust by 3.6% during the 4th quarter. AMG National Trust Bank now owns 574,347 shares of the exchange traded fund’s stock valued at $9,183,000 after acquiring an additional 20,037 shares in the last quarter. Finally, Richard C. Young & CO. LTD. boosted its position in shares of iShares Silver Trust by 3.6% during the 4th quarter. Richard C. Young & CO. LTD. now owns 565,426 shares of the exchange traded fund’s stock valued at $9,041,000 after acquiring an additional 19,892 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: “Investors Sell iShares Silver Trust (SLV) on Strength (SLV)” was originally reported by WKRB News and is owned by of WKRB News. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.wkrb13.com/2018/04/03/investors-sell-ishares-silver-trust-slv-on-strength-slv.html.

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.

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply