Faithward Advisors LLC Has $9.39 Million Holdings in iShares Silver Trust $SLV

Faithward Advisors LLC decreased its position in iShares Silver Trust (NYSEARCA:SLV) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,729 shares of the exchange traded fund’s stock after selling 12,809 shares during the period. iShares Silver Trust accounts for 1.4% of Faithward Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Faithward Advisors LLC’s holdings in iShares Silver Trust were worth $9,388,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors purchased a new stake in iShares Silver Trust in the 4th quarter valued at about $30,000. Intesa Sanpaolo Wealth Management purchased a new stake in iShares Silver Trust in the 4th quarter valued at about $32,000. Rialto Wealth Management LLC bought a new position in iShares Silver Trust in the 4th quarter valued at $33,000. Sfam LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter valued at $33,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in shares of iShares Silver Trust during the 4th quarter valued at $34,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $63.47 on Tuesday. The stock has a market capitalization of $35.92 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83. The business’s fifty day moving average is $68.30 and its 200-day moving average is $69.81.

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.