JNBA Financial Advisors Sells 670 Shares of iShares Silver Trust $SLV

JNBA Financial Advisors lowered its stake in iShares Silver Trust (NYSEARCA:SLV) by 5.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,775 shares of the exchange traded fund’s stock after selling 670 shares during the period. JNBA Financial Advisors’ holdings in iShares Silver Trust were worth $354,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new position in shares of iShares Silver Trust in the first quarter worth $25,000. Highline Wealth Partners LLC bought a new position in shares of iShares Silver Trust in the second quarter worth $26,000. Trifecta Capital Advisors LLC acquired a new stake in iShares Silver Trust in the first quarter valued at about $31,000. Kentucky Trust Co boosted its stake in iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. Finally, Financial Management Professionals Inc. boosted its stake in iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 302 shares in the last quarter.

iShares Silver Trust Stock Up 1.6%

NYSEARCA:SLV opened at $45.43 on Friday. The stock’s 50-day simple moving average is $37.97 and its 200 day simple moving average is $33.71. The firm has a market capitalization of $24.41 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $46.35.

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.