iShares Silver Trust $SLV Shares Sold by Hamilton Wealth LLC

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

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. increased its position in iShares Silver Trust by 12.7% in the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after buying an additional 313,816 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after acquiring an additional 573,660 shares during the period. Bank of Montreal Can boosted its holdings in shares of 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 acquiring an additional 1,852,688 shares during the period. Tableaux LLC bought a new position in shares of iShares Silver Trust during the fourth quarter worth about $133,233,000. Finally, Mainstay Capital Management LLC ADV grew its position 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 acquiring an additional 824,589 shares during the last quarter.

iShares Silver Trust Stock Down 1.8%

SLV stock opened at $59.51 on Friday. The stock has a market cap of $33.68 billion, a PE ratio of -8.51 and a beta of 0.45. The firm’s 50-day simple moving average is $68.01 and its 200 day simple moving average is $70.06. iShares Silver Trust has a fifty-two week low of $32.06 and a fifty-two week high of $109.83.

About iShares Silver Trust

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.