U.S. Capital Wealth Advisors LLC Sells 27,759 Shares of iShares Silver Trust $SLV

U.S. Capital Wealth Advisors LLC cut its stake in iShares Silver Trust (NYSEARCA:SLV) by 21.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 103,737 shares of the exchange traded fund’s stock after selling 27,759 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $6,683,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Quadrature Capital Ltd lifted its position in shares of iShares Silver Trust by 1,691.5% during the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after purchasing an additional 906,747 shares during the last quarter. Mainstay Capital Management LLC ADV lifted its position in shares of iShares Silver Trust by 478.6% during the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after purchasing an additional 827,089 shares during the last quarter. Briaud Financial Planning Inc lifted its position in shares of iShares Silver Trust by 5,493.2% during the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock worth $26,314,000 after purchasing an additional 609,960 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of iShares Silver Trust during the second quarter worth $17,597,000.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $69.08 on Monday. iShares Silver Trust has a twelve month low of $28.68 and a twelve month high of $109.83. The company has a market cap of $39.10 billion, a price-to-earnings ratio of -8.51 and a beta of 0.52. The stock has a fifty day simple moving average of $71.58 and a 200-day simple moving average of $62.48.

iShares Silver Trust Company 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.