Stratos Investment Management LLC Reduces Stock Holdings in iShares Silver Trust $SLV

Stratos Investment Management LLC trimmed its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 88.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,614 shares of the exchange traded fund’s stock after selling 101,429 shares during the period. Stratos Investment Management LLC’s holdings in iShares Silver Trust were worth $577,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Raymond James Financial Inc. grew its stake 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 during the period. Commonwealth Equity Services LLC lifted its holdings in iShares Silver Trust by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock valued at $85,732,000 after purchasing an additional 26,710 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Silver Trust by 20.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after purchasing an additional 273,913 shares during the period. Cetera Investment Advisers boosted its position in iShares Silver Trust by 4.5% during the second quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock worth $42,347,000 after purchasing an additional 55,180 shares during the period. Finally, Osaic Holdings Inc. increased its stake in shares of iShares Silver Trust by 11.9% in the second quarter. Osaic Holdings Inc. now owns 1,133,120 shares of the exchange traded fund’s stock worth $37,142,000 after purchasing an additional 120,560 shares in the last quarter.

iShares Silver Trust News Roundup

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Stock Up 4.3%

NYSEARCA SLV opened at $76.56 on Thursday. The firm has a market cap of $42.15 billion, a P/E ratio of -8.51 and a beta of 0.38. The company’s 50 day moving average is $72.12 and its 200-day moving average is $51.98. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83.

iShares Silver Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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