iShares Silver Trust $SLV Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lowered its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 7.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 178,186 shares of the exchange traded fund’s stock after selling 13,334 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares Silver Trust were worth $9,528,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Axiom Investment Management LLC acquired a new position in iShares Silver Trust during the first quarter valued at approximately $26,000. Sarver Vrooman Wealth Advisors purchased a new stake in iShares Silver Trust during the fourth quarter worth approximately $30,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $32,000. Sfam LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $33,000. Finally, Redwood Park Advisors LLC raised its stake in shares of iShares Silver Trust by 106.4% in the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 266 shares during the period.

iShares Silver Trust Trading Up 3.3%

Shares of SLV stock opened at $59.41 on Tuesday. The company has a market cap of $31.73 billion, a PE ratio of -8.51 and a beta of 0.50. The company’s fifty day simple moving average is $56.03 and its 200-day simple moving average is $67.02. iShares Silver Trust has a 52 week low of $33.85 and a 52 week high of $109.83.

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. 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.