Eqis Capital Management Inc. Trims Position in iShares Silver Trust (SLV)

Eqis Capital Management Inc. trimmed its stake in iShares Silver Trust (NYSEARCA:SLV) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 390,981 shares of the exchange traded fund’s stock after selling 9,058 shares during the period. Eqis Capital Management Inc.’s holdings in iShares Silver Trust were worth $6,154,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Puplava Financial Services Inc. grew its stake in iShares Silver Trust by 4.1% during the 2nd quarter. Puplava Financial Services Inc. now owns 14,485 shares of the exchange traded fund’s stock worth $228,000 after buying an additional 565 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in iShares Silver Trust by 1.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 100,046 shares of the exchange traded fund’s stock worth $1,572,000 after buying an additional 1,913 shares during the last quarter. David R. Rahn & Associates Inc. purchased a new position in iShares Silver Trust during the 2nd quarter worth $1,256,000. IPG Investment Advisors LLC grew its stake in iShares Silver Trust by 0.3% during the 2nd quarter. IPG Investment Advisors LLC now owns 19,220 shares of the exchange traded fund’s stock worth $302,000 after buying an additional 50 shares during the last quarter. Finally, Sei Investments Co. grew its stake in iShares Silver Trust by 16.2% during the 2nd quarter. Sei Investments Co. now owns 9,753 shares of the exchange traded fund’s stock valued at $154,000 after purchasing an additional 1,362 shares during the last quarter.



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iShares Silver Trust (NYSEARCA SLV) traded down 0.32% during mid-day trading on Friday, reaching $15.80. The company’s stock had a trading volume of 4,042,912 shares. The stock’s 50 day moving average is $16.22 and its 200 day moving average is $16.06. iShares Silver Trust has a one year low of $14.44 and a one year high of $17.87.

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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