Stratos Wealth Advisors LLC Sells 36,469 Shares of iShares Silver Trust $SLV

Stratos Wealth Advisors LLC lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 63.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,858 shares of the exchange traded fund’s stock after selling 36,469 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $684,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new stake in iShares Silver Trust during the 1st quarter valued at approximately $25,000. Highline Wealth Partners LLC bought a new stake in iShares Silver Trust in the 2nd quarter worth approximately $26,000. Financial Management Professionals Inc. increased its stake in iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 302 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in iShares Silver Trust in the 2nd quarter worth approximately $38,000. Finally, GAMMA Investing LLC bought a new stake in iShares Silver Trust in the 1st quarter worth approximately $42,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $46.99 on Monday. iShares Silver Trust has a 1 year low of $26.19 and a 1 year high of $49.25. The stock’s 50 day simple moving average is $39.29 and its two-hundred day simple moving average is $34.35. The company has a market cap of $26.19 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59.

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.