Signal Advisors Wealth LLC Lowers Holdings in iShares Silver Trust (NYSEARCA:SLV)

Signal Advisors Wealth LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 19.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,181 shares of the exchange traded fund’s stock after selling 3,509 shares during the quarter. Signal Advisors Wealth LLC’s holdings in iShares Silver Trust were worth $323,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SLV. Pineridge Advisors LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter worth about $22,687,000. Yong Rong HK Asset Management Ltd purchased a new stake in shares of iShares Silver Trust during the 4th quarter worth about $10,890,000. Bleakley Financial Group LLC boosted its stake in shares of iShares Silver Trust by 27.5% during the 4th quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after acquiring an additional 397,836 shares in the last quarter. Simplicity Solutions LLC boosted its stake in shares of iShares Silver Trust by 26.2% during the 4th quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after acquiring an additional 383,336 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of iShares Silver Trust by 27.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock worth $34,882,000 after acquiring an additional 343,004 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV traded up $1.05 during mid-day trading on Thursday, hitting $28.01. 22,866,024 shares of the company were exchanged, compared to its average volume of 24,992,385. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56. The company has a 50 day moving average of $26.53 and a 200-day moving average of $23.44. The stock has a market cap of $13.15 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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