Wilmar Advisors LLC Sells 25,000 Shares of iShares Silver Trust $SLV

Wilmar Advisors LLC lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 41.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,000 shares of the exchange traded fund’s stock after selling 25,000 shares during the period. iShares Silver Trust comprises 1.8% of Wilmar Advisors LLC’s portfolio, making the stock its 11th biggest holding. Wilmar Advisors LLC’s holdings in iShares Silver Trust were worth $2,255,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Sarver Vrooman Wealth Advisors acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $30,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $32,000. Rialto Wealth Management LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $33,000. Sfam LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $33,000. Finally, BOK Financial Private Wealth Inc. acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $34,000.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $61.29 on Monday. The firm’s 50-day simple moving average is $68.35 and its 200-day simple moving average is $69.69. iShares Silver Trust has a twelve month low of $32.06 and a twelve month high of $109.83. The firm has a market cap of $34.69 billion, a P/E ratio of -8.51 and a beta of 0.45.

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.