Nwam LLC Purchases Shares of 130,836 iShares Silver Trust (NYSEARCA:SLV)

Nwam LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the third quarter, Holdings Channel.com reports. The firm bought 130,836 shares of the exchange traded fund’s stock, valued at approximately $3,717,000.

A number of other large investors also recently modified their holdings of the stock. Vontobel Holding Ltd. increased its stake in iShares Silver Trust by 106.0% in the third quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock valued at $1,744,000 after purchasing an additional 31,601 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in iShares Silver Trust by 29.8% in the second quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock valued at $318,000 after purchasing an additional 2,749 shares in the last quarter. Inspirion Wealth Advisors LLC bought a new stake in iShares Silver Trust in the second quarter valued at approximately $220,000. ORG Partners LLC bought a new stake in iShares Silver Trust in the second quarter valued at approximately $39,000. Finally, Tidal Investments LLC increased its position in shares of iShares Silver Trust by 7.0% during the first quarter. Tidal Investments LLC now owns 16,905 shares of the exchange traded fund’s stock worth $381,000 after acquiring an additional 1,110 shares in the last quarter.

iShares Silver Trust Stock Up 1.4 %

Shares of SLV stock opened at $28.42 on Friday. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The firm has a fifty day moving average of $28.98 and a 200-day moving average of $27.56. The company has a market capitalization of $13.34 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

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.