Resolute Wealth Strategies LLC Sells 1,500 Shares of iShares Silver Trust $SLV

Resolute Wealth Strategies LLC decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 5.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,363 shares of the exchange traded fund’s stock after selling 1,500 shares during the period. Resolute Wealth Strategies LLC’s holdings in iShares Silver Trust were worth $865,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Apella Capital LLC bought a new position in iShares Silver Trust in the second quarter valued at $291,000. Avantax Advisory Services Inc. boosted its holdings in shares of iShares Silver Trust by 32.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 130,316 shares of the exchange traded fund’s stock worth $4,276,000 after purchasing an additional 31,633 shares in the last quarter. Deutsche Bank AG bought a new position in shares of iShares Silver Trust during the 1st quarter valued at about $87,000. Welch Group LLC raised its holdings in shares of iShares Silver Trust by 20.8% during the 2nd quarter. Welch Group LLC now owns 26,043 shares of the exchange traded fund’s stock valued at $854,000 after buying an additional 4,476 shares in the last quarter. Finally, AGP Franklin LLC lifted its position in iShares Silver Trust by 1.1% in the 2nd quarter. AGP Franklin LLC now owns 149,006 shares of the exchange traded fund’s stock worth $4,889,000 after buying an additional 1,551 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $46.63 on Tuesday. iShares Silver Trust has a one year low of $26.19 and a one year high of $49.25. The firm’s 50 day simple moving average is $43.96 and its two-hundred day simple moving average is $37.27. The stock has a market capitalization of $25.12 billion, a P/E ratio of -8.51 and a beta of 0.38.

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.