NWF Advisory Services Inc. Has $3.40 Million Position in iShares Silver Trust $SLV

NWF Advisory Services Inc. trimmed its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 29.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,336 shares of the exchange traded fund’s stock after selling 34,224 shares during the quarter. NWF Advisory Services Inc.’s holdings in iShares Silver Trust were worth $3,404,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Center for Financial Planning Inc. bought a new position in iShares Silver Trust during the second quarter valued at about $25,000. Nexus Investment Management ULC grew its holdings in shares of iShares Silver Trust by 50.0% in the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 250 shares during the last quarter. Addison Advisors LLC acquired a new position in iShares Silver Trust in the second quarter valued at about $31,000. ORG Partners LLC increased its holdings in iShares Silver Trust by 38.9% during the 3rd quarter. ORG Partners LLC now owns 1,125 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 315 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. bought a new stake in shares of iShares Silver Trust during the third quarter worth $50,000.

iShares Silver Trust Trading Up 5.8%

Shares of NYSEARCA SLV opened at $98.34 on Tuesday. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $106.70. The company has a 50-day moving average of $64.20 and a two-hundred day moving average of $48.16. The company has a market cap of $56.38 billion, a PE ratio of -8.51 and a beta of 0.38.

Key iShares Silver Trust News

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iShares Silver Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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