NWF Advisory Services Inc. Lowers Stock Holdings in iShares Silver Trust $SLV

NWF Advisory Services Inc. lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 50.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 39,783 shares of the exchange traded fund’s stock after selling 40,553 shares during the period. NWF Advisory Services Inc.’s holdings in iShares Silver Trust were worth $2,563,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. NewEdge Wealth LLC grew its holdings in iShares Silver Trust by 99.6% during 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. raised its position in shares of iShares Silver Trust by 15.4% during the fourth 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 during the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of iShares Silver Trust by 33.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $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 lifted its holdings in shares of iShares Silver Trust by 47.8% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock worth $1,869,000 after buying an additional 9,384 shares in the last quarter. Finally, Clare Market Investments LLC boosted its position in shares of iShares Silver Trust by 24.4% during the third quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock worth $2,060,000 after acquiring an additional 9,525 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $59.51 on Friday. The firm has a market cap of $33.68 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The firm has a fifty day moving average price of $67.85 and a 200 day moving average price of $69.98. iShares Silver Trust has a fifty-two week low of $32.06 and a fifty-two week high of $109.83.

iShares Silver Trust Company Profile

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.