Nwam LLC lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 129,291 shares of the exchange traded fund’s stock after selling 1,545 shares during the quarter. Nwam LLC’s holdings in iShares Silver Trust were worth $3,404,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth $25,000. McClarren Financial Advisors Inc. grew its holdings in iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 972 shares during the period. Stonebridge Financial Group LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth $29,000. Hantz Financial Services Inc. acquired a new stake in iShares Silver Trust during the 4th quarter worth $35,000. Finally, Belmont Capital LLC grew its holdings in iShares Silver Trust by 53.6% during the 3rd quarter. Belmont Capital LLC now owns 1,501 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 524 shares during the period.
iShares Silver Trust Stock Performance
SLV opened at $28.94 on Thursday. The company has a fifty day moving average price of $28.07 and a two-hundred day moving average price of $28.09. iShares Silver Trust has a 52 week low of $20.45 and a 52 week high of $31.80. The firm has a market capitalization of $13.82 billion, a PE ratio of -8.33 and a beta of 0.74.
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.
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