Wilmar Advisors LLC Has $2.54 Million Stock Holdings in iShares Silver Trust $SLV

Wilmar Advisors LLC reduced its holdings in iShares Silver Trust (NYSEARCA:SLV) by 14.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 60,000 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. iShares Silver Trust comprises approximately 2.1% of Wilmar Advisors LLC’s holdings, making the stock its 11th biggest position. Wilmar Advisors LLC’s holdings in iShares Silver Trust were worth $2,542,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Nexus Investment Management ULC lifted its holdings in shares of iShares Silver Trust by 50.0% during the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 250 shares during the period. Raleigh Capital Management Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at $32,000. Hopwood Financial Services Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at $38,000. Darwin Wealth Management LLC bought a new position in iShares Silver Trust during the 2nd quarter worth $39,000. Finally, Evolution Wealth Management Inc. acquired a new position in iShares Silver Trust during the 2nd quarter worth about $47,000.

iShares Silver Trust Trading Down 5.0%

NYSEARCA SLV opened at $72.69 on Friday. The business’s 50-day moving average price is $78.65 and its two-hundred day moving average price is $58.16. iShares Silver Trust has a 12 month low of $26.57 and a 12 month high of $109.83. The firm has a market capitalization of $40.02 billion, a PE ratio of -8.51 and a beta of 0.38.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.