iShares Silver Trust $SLV Shares Sold by LPL Financial LLC

LPL Financial LLC lowered its stake in iShares Silver Trust (NYSEARCA:SLV) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,748,745 shares of the exchange traded fund’s stock after selling 178,745 shares during the quarter. LPL Financial LLC’s holdings in iShares Silver Trust were worth $563,594,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. D.B. Root & Company LLC purchased a new stake in iShares Silver Trust during the third quarter worth about $370,000. Envestnet Asset Management Inc. increased its stake in iShares Silver Trust by 20.0% during the third 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 during the period. NewEdge Wealth LLC increased its stake in iShares Silver Trust by 99.6% during the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock worth $1,885,000 after purchasing an additional 21,551 shares during the period. Ameliora Wealth Management Ltd. increased its stake in iShares Silver Trust by 15.4% during the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after purchasing an additional 11,563 shares during the period. Finally, WESCAP Management Group Inc. increased its stake in iShares Silver Trust by 6.1% during the third quarter. WESCAP Management Group Inc. now owns 205,030 shares of the exchange traded fund’s stock worth $8,687,000 after purchasing an additional 11,875 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $61.58 on Tuesday. The firm has a market capitalization of $34.85 billion, a PE ratio of -8.51 and a beta of 0.45. The firm’s 50-day moving average is $68.84 and its two-hundred day moving average is $69.30. iShares Silver Trust has a 1 year low of $32.06 and a 1 year high of $109.83.

iShares Silver Trust Profile

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.