Foguth Wealth Management LLC. trimmed its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 6.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,162 shares of the exchange traded fund’s stock after selling 844 shares during the period. Foguth Wealth Management LLC.’s holdings in iShares Silver Trust were worth $350,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Transcendent Capital Group LLC purchased a new position in iShares Silver Trust in the 4th quarter worth $26,000. Atwood & Palmer Inc. purchased a new position in iShares Silver Trust in the 2nd quarter worth $38,000. Atlantic Edge Private Wealth Management LLC purchased a new position in iShares Silver Trust in the 4th quarter worth $34,000. Tennessee Valley Asset Management Partners purchased a new position in iShares Silver Trust in the 4th quarter worth $34,000. Finally, OLD Point Trust & Financial Services N A purchased a new position in iShares Silver Trust in the 4th quarter worth $42,000.
iShares Silver Trust Stock Performance
NYSEARCA:SLV traded down $0.07 during trading hours on Tuesday, reaching $25.42. The company’s stock had a trading volume of 11,285,270 shares, compared to its average volume of 23,192,045. The firm has a market capitalization of $11.93 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $18.97 and a 1 year high of $29.56. The firm has a 50-day simple moving average of $26.76 and a 200-day simple moving average of $24.89.
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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