iShares Silver Trust $SLV Position Lowered by NWF Advisory Services Inc.

NWF Advisory Services Inc. decreased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 35.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,820 shares of the exchange traded fund’s stock after selling 13,963 shares during the period. NWF Advisory Services Inc.’s holdings in iShares Silver Trust were worth $1,759,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TBH Global Asset Management LLC grew its position in shares of iShares Silver Trust by 1.5% in the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock worth $439,000 after acquiring an additional 104 shares in the last quarter. Westside Investment Management Inc. raised its position in shares of iShares Silver Trust by 23.4% during the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 130 shares in the last quarter. JNBA Financial Advisors raised its position in shares of iShares Silver Trust by 1.2% during the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock valued at $692,000 after acquiring an additional 132 shares in the last quarter. SouthState Bank Corp lifted its stake in iShares Silver Trust by 29.6% during the fourth quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 148 shares during the last quarter. Finally, Swisher Financial Concepts Inc. lifted its stake in iShares Silver Trust by 0.8% during the first quarter. Swisher Financial Concepts Inc. now owns 17,731 shares of the exchange traded fund’s stock worth $1,208,000 after purchasing an additional 148 shares during the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $52.16 on Tuesday. iShares Silver Trust has a 12 month low of $33.10 and a 12 month high of $109.83. The company has a fifty day moving average price of $62.99 and a two-hundred day moving average price of $69.78. The company has a market cap of $27.86 billion, a PE ratio of -8.51 and a beta of 0.49.

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. 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.