Armor Advisors L.L.C. Sells 17,500 Shares of iShares Silver Trust $SLV

Armor Advisors L.L.C. decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 19.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,777 shares of the exchange traded fund’s stock after selling 17,500 shares during the period. iShares Silver Trust makes up approximately 1.3% of Armor Advisors L.L.C.’s investment portfolio, making the stock its 14th biggest position. Armor Advisors L.L.C.’s holdings in iShares Silver Trust were worth $2,388,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SLV. White Knight Strategic Wealth Advisors LLC bought a new position in iShares Silver Trust during the second quarter valued at approximately $687,000. MGB Wealth Management LLC increased its stake in iShares Silver Trust by 81.7% in the 2nd quarter. MGB Wealth Management LLC now owns 58,956 shares of the exchange traded fund’s stock worth $1,928,000 after acquiring an additional 26,512 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares Silver Trust by 1.0% during the 2nd quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock worth $81,118,000 after acquiring an additional 25,584 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at approximately $39,000. Finally, Betterment LLC boosted its position in shares of iShares Silver Trust by 16.1% during the 2nd quarter. Betterment LLC now owns 12,491 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 1,736 shares during the last quarter.

iShares Silver Trust Stock Performance

SLV stock opened at $56.10 on Friday. The firm has a fifty day moving average price of $47.28 and a 200 day moving average price of $39.37. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $58.56. The firm has a market cap of $30.22 billion, a PE 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.