iShares Silver Trust $SLV Shares Sold by truNorth Financial Services Inc.

truNorth Financial Services Inc. cut its stake in iShares Silver Trust (NYSEARCA:SLV) by 17.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,945 shares of the exchange traded fund’s stock after selling 10,167 shares during the quarter. iShares Silver Trust comprises about 3.3% of truNorth Financial Services Inc.’s investment portfolio, making the stock its 7th biggest position. truNorth Financial Services Inc.’s holdings in iShares Silver Trust were worth $3,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of SLV. TBH Global Asset Management LLC boosted its position in shares of iShares Silver Trust by 1.5% in the fourth quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock worth $439,000 after buying an additional 104 shares during the period. Westside Investment Management Inc. raised its holdings 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 buying an additional 130 shares during the period. JNBA Financial Advisors raised its holdings 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 buying an additional 132 shares during the period. SouthState Bank Corp lifted its position in iShares Silver Trust by 29.6% during the 4th quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 148 shares in the last quarter. Finally, Swisher Financial Concepts Inc. lifted its position in iShares Silver Trust by 0.8% during the 1st quarter. Swisher Financial Concepts Inc. now owns 17,731 shares of the exchange traded fund’s stock worth $1,208,000 after acquiring an additional 148 shares in the last quarter.

iShares Silver Trust Stock Down 1.8%

NYSEARCA SLV opened at $52.21 on Thursday. iShares Silver Trust has a fifty-two week low of $33.10 and a fifty-two week high of $109.83. The business has a 50 day moving average price of $62.38 and a two-hundred day moving average price of $69.60. The stock has a market cap of $27.89 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.