Private Wealth Advisors LLC reduced its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,870 shares of the exchange traded fund’s stock after selling 1,420 shares during the period. Private Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $2,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently added to or reduced their stakes in the company. NWI Management LP increased its holdings in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after acquiring an additional 5,263,305 shares in the last quarter. Meitav Investment House Ltd. purchased a new stake in iShares Silver Trust during the 2nd quarter worth approximately $45,688,000. Cetera Investment Advisers increased its stake in iShares Silver Trust by 842.7% during the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock valued at $18,581,000 after purchasing an additional 730,121 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares Silver Trust by 3,449.3% in the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after buying an additional 524,609 shares during the last quarter. Finally, Caxton Associates LP acquired a new stake in shares of iShares Silver Trust during the first quarter worth $10,506,000.
iShares Silver Trust Stock Down 0.6 %
Shares of SLV traded down $0.16 during trading hours on Tuesday, reaching $27.81. 7,942,377 shares of the company traded hands, compared to its average volume of 22,629,779. The business has a fifty day moving average price of $28.66 and a 200-day moving average price of $27.40. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The stock has a market capitalization of $13.05 billion, a P/E ratio of -7.01 and a beta of 0.43.
iShares Silver Trust 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.
Featured Stories
- Five stocks we like better than iShares Silver Trust
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
- What Are Growth Stocks and Investing in Them
- Is Tesla’s Valuation a Bubble or Backed by Real Growth?
- How to Invest in Insurance Companies: A GuideĀ
- Trucking Stocks Led the Pack Last Week: Can They Keep Rolling?
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.