Resolute Wealth Strategies LLC Sells 10,698 Shares of iShares Silver Trust $SLV

Resolute Wealth Strategies LLC decreased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 40.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 15,585 shares of the exchange traded fund’s stock after selling 10,698 shares during the period. Resolute Wealth Strategies LLC’s holdings in iShares Silver Trust were worth $1,062,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Tableaux LLC acquired a new position in iShares Silver Trust during the fourth quarter valued at approximately $133,233,000. Bank of Montreal Can lifted its stake in shares of iShares Silver Trust by 505.8% in the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after buying an additional 1,852,688 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of iShares Silver Trust by 259.9% during the 4th quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock worth $90,188,000 after buying an additional 1,011,000 shares during the period. Mainstay Capital Management LLC ADV boosted its holdings in shares of iShares Silver Trust by 82.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after buying an additional 824,589 shares during the period. Finally, Focus Partners Wealth grew its stake in iShares Silver Trust by 480.3% in the 4th quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock valued at $47,936,000 after buying an additional 615,902 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $50.78 on Monday. The firm has a market capitalization of $27.12 billion, a PE ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a 1 year low of $33.10 and a 1 year high of $109.83. The firm’s fifty day simple moving average is $61.51 and its 200 day simple moving average is $69.35.

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.