iShares Silver Trust (NYSEARCA:SLV) Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC trimmed its position in iShares Silver Trust (NYSEARCA:SLV) by 5.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,430 shares of the exchange traded fund’s stock after selling 1,072 shares during the quarter. WESPAC Advisors LLC’s holdings in iShares Silver Trust were worth $580,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Meitav Investment House Ltd. purchased a new position in shares of iShares Silver Trust during the second quarter worth $45,688,000. RIA Advisory Group LLC purchased a new stake in iShares Silver Trust in the 3rd quarter worth approximately $20,773,000. Cetera Investment Advisers grew its stake in shares of iShares Silver Trust by 842.7% during the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares during the period. International Assets Investment Management LLC increased its holdings in shares of iShares Silver Trust by 3,449.3% during the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after purchasing an additional 524,609 shares in the last quarter. Finally, Caxton Associates LP purchased a new stake in iShares Silver Trust during the first quarter worth $10,506,000.

iShares Silver Trust Stock Performance

SLV opened at $28.47 on Friday. The company has a fifty day moving average of $28.99 and a two-hundred day moving average of $27.60. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The stock has a market capitalization of $13.36 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.