iShares Silver Trust $SLV Position Reduced by WealthTrust Asset Management LLC

WealthTrust Asset Management LLC trimmed its position in iShares Silver Trust (NYSEARCA:SLV) by 66.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,480 shares of the exchange traded fund’s stock after selling 12,702 shares during the quarter. WealthTrust Asset Management LLC’s holdings in iShares Silver Trust were worth $442,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Tableaux LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at approximately $133,233,000. Bank of Montreal Can raised its stake in iShares Silver Trust by 505.8% during the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the period. Teacher Retirement System of Texas lifted its holdings in shares of iShares Silver Trust by 259.9% in the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after purchasing an additional 1,011,000 shares in the last quarter. Mainstay Capital Management LLC ADV lifted its holdings in shares of iShares Silver Trust by 82.5% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after purchasing an additional 824,589 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in shares of iShares Silver Trust by 480.3% in the fourth quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock worth $47,936,000 after buying an additional 615,902 shares during the period.

iShares Silver Trust Trading Up 0.8%

Shares of SLV stock opened at $50.78 on Friday. The company has a market capitalization of $27.12 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a 1-year low of $33.10 and a 1-year high of $109.83. The stock’s fifty day simple moving average is $61.51 and its 200-day simple moving average is $69.32.

iShares Silver Trust Company 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.