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

Wilmar Advisors LLC decreased its stake in iShares Silver Trust (NYSEARCA:SLV) by 14.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 about 2.1% of Wilmar Advisors LLC’s holdings, making the stock its 11th largest holding. Wilmar Advisors LLC’s holdings in iShares Silver Trust were worth $2,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its stake in shares of iShares Silver Trust by 1.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock valued at $81,118,000 after acquiring an additional 25,584 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares Silver Trust by 1.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after acquiring an additional 26,710 shares during the last quarter. HighTower Advisors LLC grew its position in iShares Silver Trust by 5.7% during the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after acquiring an additional 94,521 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Silver Trust by 20.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after purchasing an additional 273,913 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in iShares Silver Trust by 4.5% in the 2nd quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock worth $42,347,000 after purchasing an additional 55,180 shares in the last quarter.

iShares Silver Trust Trading Down 5.0%

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

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.