iShares Silver Trust $SLV Stock Holdings Lowered by WealthTrust Asset Management LLC

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

Other large investors have also recently added to or reduced their stakes in the company. Tableaux LLC acquired a new position in iShares Silver Trust in the fourth quarter worth approximately $133,233,000. Bank of Montreal Can lifted its position in shares of 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 acquiring an additional 1,852,688 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of iShares Silver Trust by 259.9% during the 4th 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 acquiring an additional 1,011,000 shares during the last quarter. Mainstay Capital Management LLC ADV boosted its stake in shares of iShares Silver Trust by 82.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after acquiring an additional 824,589 shares in the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of iShares Silver Trust by 480.3% during the 4th quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock worth $47,936,000 after acquiring an additional 615,902 shares in the last quarter.

iShares Silver Trust Stock Up 0.8%

Shares of NYSEARCA SLV opened at $50.78 on Friday. The stock’s fifty day simple moving average is $61.51 and its 200 day simple moving average is $69.32. The stock 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 52-week low of $33.10 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.