NWF Advisory Services Inc. Sells 34,224 Shares of iShares Silver Trust $SLV

NWF Advisory Services Inc. lessened its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 29.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 80,336 shares of the exchange traded fund’s stock after selling 34,224 shares during the quarter. NWF Advisory Services Inc.’s holdings in iShares Silver Trust were worth $3,404,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. National Wealth Management Group LLC boosted its stake in iShares Silver Trust by 585.2% in the third quarter. National Wealth Management Group LLC now owns 84,693 shares of the exchange traded fund’s stock valued at $3,588,000 after acquiring an additional 72,333 shares during the last quarter. Atlas Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust during the third quarter worth $210,000. Guardian Asset Advisors LLC bought a new stake in iShares Silver Trust in the third quarter valued at about $220,000. James Investment Research Inc. lifted its stake in iShares Silver Trust by 51.5% in the third quarter. James Investment Research Inc. now owns 85,625 shares of the exchange traded fund’s stock valued at $3,628,000 after buying an additional 29,117 shares during the period. Finally, Copia Wealth Management lifted its stake in iShares Silver Trust by 18.2% in the third quarter. Copia Wealth Management now owns 12,603 shares of the exchange traded fund’s stock valued at $534,000 after buying an additional 1,944 shares during the period.

iShares Silver Trust Trading Up 5.8%

iShares Silver Trust stock opened at $98.34 on Tuesday. The firm has a market capitalization of $56.38 billion, a P/E ratio of -8.51 and a beta of 0.38. The business has a 50-day moving average of $64.20 and a 200-day moving average of $48.16. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $106.70.

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About iShares Silver Trust

(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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