Kingswood Wealth Advisors LLC Sells 93,277 Shares of iShares Silver Trust $SLV

Kingswood Wealth Advisors LLC lowered its position in iShares Silver Trust (NYSEARCA:SLV) by 73.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 33,832 shares of the exchange traded fund’s stock after selling 93,277 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $1,110,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new position in iShares Silver Trust in the first quarter worth approximately $25,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares Silver Trust in the second quarter worth approximately $26,000. Kentucky Trust Co raised its stake in shares of iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 650 shares during the last quarter. Trifecta Capital Advisors LLC purchased a new stake in shares of iShares Silver Trust in the first quarter worth approximately $31,000. Finally, Financial Management Professionals Inc. raised its stake in shares of iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 302 shares during the last quarter.

iShares Silver Trust Stock Up 2.7%

Shares of iShares Silver Trust stock opened at $44.56 on Thursday. The company has a market cap of $24.75 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $45.01. The business has a 50 day moving average price of $37.50 and a 200-day moving average price of $33.50.

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.