U.S. Capital Wealth Advisors LLC Sells 27,759 Shares of iShares Silver Trust $SLV

U.S. Capital Wealth Advisors LLC trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 21.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,737 shares of the exchange traded fund’s stock after selling 27,759 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $6,683,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SLV. Nexus Investment Management ULC increased its stake 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 valued at $32,000 after buying an additional 250 shares during the period. Raleigh Capital Management Inc. purchased a new position in shares of iShares Silver Trust during the third quarter valued at $32,000. Rialto Wealth Management LLC purchased a new position in shares of iShares Silver Trust during the fourth quarter valued at $33,000. Hopwood Financial Services Inc. purchased a new position in shares of iShares Silver Trust during the third quarter valued at $38,000. Finally, Bangor Savings Bank purchased a new position in shares of iShares Silver Trust during the fourth quarter valued at $38,000.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $69.08 on Monday. The firm has a market cap of $39.10 billion, a P/E ratio of -8.51 and a beta of 0.52. iShares Silver Trust has a 12 month low of $28.68 and a 12 month high of $109.83. The stock’s fifty day moving average price is $71.58 and its 200-day moving average price is $62.48.

About iShares Silver Trust

(Free Report)

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.

Featured Stories

• Five stocks we like better than iShares Silver Trust

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).