iShares Silver Trust $SLV Shares Sold by Twelve Points Wealth Management LLC

Twelve Points Wealth Management LLC trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 20.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 163,125 shares of the exchange traded fund’s stock after selling 41,124 shares during the quarter. iShares Silver Trust accounts for 1.7% of Twelve Points Wealth Management LLC’s holdings, making the stock its 10th biggest position. Twelve Points Wealth Management LLC’s holdings in iShares Silver Trust were worth $6,912,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Gladstone Institutional Advisory LLC increased its position in shares of iShares Silver Trust by 19.0% during the third quarter. Gladstone Institutional Advisory LLC now owns 16,055 shares of the exchange traded fund’s stock worth $680,000 after acquiring an additional 2,561 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in iShares Silver Trust by 2.7% in the 3rd quarter. Geneos Wealth Management Inc. now owns 23,744 shares of the exchange traded fund’s stock valued at $1,006,000 after acquiring an additional 630 shares in the last quarter. Stuart Chaussee & Associates Inc. boosted its stake in iShares Silver Trust by 267.7% in the 3rd quarter. Stuart Chaussee & Associates Inc. now owns 5,460 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 3,975 shares during the period. Nottingham Advisors Inc. acquired a new position in iShares Silver Trust in the 3rd quarter worth $243,000. Finally, Blue Bell Private Wealth Management LLC increased its holdings in iShares Silver Trust by 11.5% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 15,184 shares of the exchange traded fund’s stock worth $643,000 after purchasing an additional 1,567 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $69.08 on Tuesday. The firm has a market cap of $39.93 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The stock’s 50-day moving average is $53.22 and its 200-day moving average is $43.06. iShares Silver Trust has a one year low of $26.57 and a one year high of $71.22.

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.