Wealth Enhancement Advisory Services LLC Decreases Stock Holdings in iShares Silver Trust $SLV

Wealth Enhancement Advisory Services LLC cut its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 10.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 216,821 shares of the exchange traded fund’s stock after selling 25,752 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Silver Trust were worth $13,968,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC raised its position in shares of iShares Silver Trust by 9.2% during the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $238,000. Capstone Wealth Management Group LLC acquired a new position in shares of iShares Silver Trust in the 1st quarter valued at $443,000. Schnieders Capital Management LLC. grew its position in shares of iShares Silver Trust by 15.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 1,300 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in iShares Silver Trust during the 2nd quarter worth $1,965,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $60.77 on Friday. The company has a fifty day moving average of $76.90 and a two-hundred day moving average of $60.00. The company has a market capitalization of $33.45 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83.

iShares Silver Trust News Summary

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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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