Doliver Advisors LP lowered its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 11.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,945 shares of the exchange traded fund’s stock after selling 2,536 shares during the period. Doliver Advisors LP’s holdings in iShares Silver Trust were worth $654,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the company. Stonehearth Capital Management LLC purchased a new stake in shares of iShares Silver Trust during the second quarter valued at approximately $219,000. Modern Wealth Management LLC purchased a new stake in shares of iShares Silver Trust during the first quarter valued at approximately $236,000. Belpointe Asset Management LLC purchased a new stake in shares of iShares Silver Trust during the first quarter valued at approximately $571,000. Fortis Capital Advisors LLC purchased a new stake in shares of iShares Silver Trust during the first quarter valued at approximately $321,000. Finally, Focus Partners Wealth raised its stake in shares of iShares Silver Trust by 8.7% during the first quarter. Focus Partners Wealth now owns 113,274 shares of the exchange traded fund’s stock valued at $3,510,000 after purchasing an additional 9,046 shares during the period.
iShares Silver Trust Stock Up 1.5%
SLV opened at $38.34 on Friday. The firm has a market capitalization of $20.58 billion, a P/E ratio of -8.51 and a beta of 0.59. The firm’s 50 day moving average is $35.10 and its 200-day moving average is $32.09. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $38.45.
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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