Faithward Advisors LLC Decreases Position in iShares Silver Trust $SLV

Faithward Advisors LLC lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 145,729 shares of the exchange traded fund’s stock after selling 12,809 shares during the period. iShares Silver Trust accounts for 1.4% of Faithward Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Faithward Advisors LLC’s holdings in iShares Silver Trust were worth $9,388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of SLV. NewEdge Wealth LLC grew its stake in iShares Silver Trust by 99.6% in the 3rd quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock valued at $1,885,000 after buying an additional 21,551 shares in the last quarter. Ameliora Wealth Management Ltd. grew its stake in iShares Silver Trust by 15.4% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock valued at $5,583,000 after buying an additional 11,563 shares in the last quarter. Prime Capital Investment Advisors LLC grew its stake in iShares Silver Trust by 33.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock valued at $2,433,000 after buying an additional 9,391 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in iShares Silver Trust by 47.8% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock valued at $1,869,000 after buying an additional 9,384 shares in the last quarter. Finally, Clare Market Investments LLC grew its stake in iShares Silver Trust by 24.4% in the 3rd quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock valued at $2,060,000 after buying an additional 9,525 shares in the last quarter.

iShares Silver Trust Trading Up 3.6%

iShares Silver Trust stock opened at $63.47 on Tuesday. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The firm has a market capitalization of $35.92 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The firm has a 50 day simple moving average of $68.30 and a 200 day simple moving average of $69.81.

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.