Lake Hills Wealth Management LLC Sells 90,886 Shares of iShares Silver Trust $SLV

Lake Hills Wealth Management LLC reduced its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 44.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 111,951 shares of the exchange traded fund’s stock after selling 90,886 shares during the period. iShares Silver Trust comprises 2.5% of Lake Hills Wealth Management LLC’s holdings, making the stock its 10th biggest position. Lake Hills Wealth Management LLC’s holdings in iShares Silver Trust were worth $4,743,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Apella Capital LLC acquired a new stake in iShares Silver Trust during the second quarter worth about $291,000. Aviso Financial Inc. boosted its position in iShares Silver Trust by 1,600.0% in the 2nd quarter. Aviso Financial Inc. now owns 4,250 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 4,000 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in iShares Silver Trust by 32.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 130,316 shares of the exchange traded fund’s stock worth $4,276,000 after purchasing an additional 31,633 shares in the last quarter. CW Advisors LLC grew its stake in shares of iShares Silver Trust by 114.3% during the 2nd quarter. CW Advisors LLC now owns 59,927 shares of the exchange traded fund’s stock worth $1,966,000 after purchasing an additional 31,959 shares during the period. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in shares of iShares Silver Trust by 8.4% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 131,496 shares of the exchange traded fund’s stock valued at $5,571,000 after purchasing an additional 10,211 shares in the last quarter.

iShares Silver Trust Price Performance

SLV opened at $60.93 on Monday. The firm has a fifty day moving average price of $48.76 and a 200 day moving average price of $40.50. iShares Silver Trust has a 1 year low of $26.22 and a 1 year high of $61.16. The stock has a market cap of $32.83 billion, a P/E ratio of -8.51 and a beta of 0.38.

iShares Silver Trust News Roundup

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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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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