iShares Silver Trust $SLV Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,748,745 shares of the exchange traded fund’s stock after selling 178,745 shares during the quarter. LPL Financial LLC owned approximately 1.59% of iShares Silver Trust worth $563,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. D.B. Root & Company LLC acquired a new position in shares of iShares Silver Trust during the 3rd quarter valued at about $370,000. Envestnet Asset Management Inc. boosted its position in shares of iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after acquiring an additional 273,913 shares during the last quarter. NewEdge Wealth LLC lifted its position in iShares Silver Trust by 99.6% in the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock valued at $1,885,000 after buying an additional 21,551 shares during the last quarter. Ameliora Wealth Management Ltd. lifted its position in iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock valued at $5,583,000 after buying an additional 11,563 shares during the last quarter. Finally, WESCAP Management Group Inc. lifted its position in iShares Silver Trust by 6.1% in the third quarter. WESCAP Management Group Inc. now owns 205,030 shares of the exchange traded fund’s stock valued at $8,687,000 after buying an additional 11,875 shares during the last quarter.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $61.58 on Tuesday. The firm’s 50-day moving average is $68.84 and its two-hundred day moving average is $69.30. iShares Silver Trust has a 12 month low of $32.06 and a 12 month high of $109.83. The stock has a market capitalization of $34.85 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.