Worth Asset Management LLC reduced its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 32.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,274 shares of the exchange traded fund’s stock after selling 4,900 shares during the quarter. Worth Asset Management LLC’s holdings in iShares Silver Trust were worth $292,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the business. NWI Management LP boosted its position in iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after purchasing an additional 5,263,305 shares during the period. Meitav Investment House Ltd. bought a new stake in shares of iShares Silver Trust during the 2nd quarter worth about $45,688,000. Cetera Investment Advisers grew its stake in iShares Silver Trust by 842.7% in the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock valued at $18,581,000 after buying an additional 730,121 shares during the last quarter. RIA Advisory Group LLC raised its holdings in iShares Silver Trust by 3,532.2% in the 1st quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock valued at $16,786,000 after acquiring an additional 717,540 shares during the period. Finally, Caxton Associates LP acquired a new stake in iShares Silver Trust during the first quarter worth approximately $10,506,000.
iShares Silver Trust Trading Up 0.6 %
iShares Silver Trust stock opened at $28.54 on Friday. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12 month low of $19.93 and a 12 month high of $30.07. The stock’s 50 day moving average is $27.03 and its 200-day moving average is $26.58.
iShares Silver Trust Company 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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