Intellus Advisors LLC Sells 11,540 Shares of iShares Silver Trust $SLV

Intellus Advisors LLC decreased its stake in iShares Silver Trust (NYSEARCA:SLV) by 21.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,460 shares of the exchange traded fund’s stock after selling 11,540 shares during the period. Intellus Advisors LLC’s holdings in iShares Silver Trust were worth $2,671,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC grew its holdings in iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC bought a new position in iShares Silver Trust during the fourth quarter worth about $238,000. Capstone Wealth Management Group LLC bought a new position in iShares Silver Trust during the first quarter worth about $443,000. Schnieders Capital Management LLC. grew its holdings in iShares Silver Trust by 15.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 1,300 shares during the period. Finally, First Trust Advisors LP bought a new position in iShares Silver Trust during the second quarter worth about $886,000.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $69.45 on Friday. iShares Silver Trust has a 52 week low of $29.78 and a 52 week high of $109.83. The stock has a market capitalization of $39.31 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock has a 50-day simple moving average of $69.17 and a 200 day simple moving average of $67.48.

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.