iShares Silver Trust $SLV Shares Sold by Hamilton Wealth LLC

Hamilton Wealth LLC reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 55.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,689 shares of the exchange traded fund’s stock after selling 20,634 shares during the quarter. Hamilton Wealth LLC’s holdings in iShares Silver Trust were worth $1,075,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SLV. Raymond James Financial Inc. raised its position in shares of iShares Silver Trust by 12.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after acquiring an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares Silver Trust by 27.3% in 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 period. Bank of Montreal Can increased its stake in iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the last quarter. Tableaux LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth $133,233,000. Finally, Mainstay Capital Management LLC ADV raised its holdings in shares of iShares Silver Trust by 82.5% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after purchasing an additional 824,589 shares during the period.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $59.51 on Friday. iShares Silver Trust has a 1 year low of $32.06 and a 1 year high of $109.83. The firm’s 50-day moving average is $68.01 and its 200-day moving average is $70.06. The company has a market cap of $33.68 billion, a P/E ratio of -8.51 and a beta of 0.45.

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.