Stratos Wealth Partners LTD. Trims Stake in iShares Silver Trust (NYSEARCA:SLV)

Stratos Wealth Partners LTD. decreased its position in iShares Silver Trust (NYSEARCA:SLV) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 140,158 shares of the exchange traded fund’s stock after selling 1,921 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares Silver Trust were worth $3,690,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new position in iShares Silver Trust in the 4th quarter worth about $25,000. Spartan Fund Management Inc. purchased a new stake in iShares Silver Trust in the third quarter worth approximately $28,000. Jamison Private Wealth Management Inc. purchased a new position in shares of iShares Silver Trust in the 3rd quarter worth $31,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $35,000. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in iShares Silver Trust during the third quarter valued at approximately $40,000.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $29.38 on Friday. The stock has a 50-day simple moving average of $27.74 and a two-hundred day simple moving average of $27.71. The firm has a market capitalization of $13.79 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.11 and a 52-week high of $31.80.

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.