Stratos Wealth Partners LTD. cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 5.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 71,446 shares of the exchange traded fund’s stock after selling 4,165 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares Silver Trust were worth $1,215,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of SLV. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares Silver Trust during the first quarter worth $25,000. Evoke Wealth LLC acquired a new stake in shares of iShares Silver Trust during the first quarter worth $26,000. Horrell Capital Management Inc. acquired a new stake in shares of iShares Silver Trust during the second quarter worth $26,000. Deutsche Bank AG acquired a new stake in iShares Silver Trust in the first quarter valued at $26,000. Finally, Parkside Financial Bank & Trust acquired a new stake in iShares Silver Trust in the first quarter valued at $31,000.
iShares Silver Trust stock opened at $22.65 on Friday. iShares Silver Trust has a one year low of $10.86 and a one year high of $23.25. The business has a fifty day moving average of $17.90 and a two-hundred day moving average of $15.97.
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.
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