PFG Investments LLC Has $3.45 Million Stock Holdings in iShares Silver Trust $SLV

PFG Investments LLC trimmed its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 17.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 50,681 shares of the exchange traded fund’s stock after selling 10,503 shares during the quarter. PFG Investments LLC’s holdings in iShares Silver Trust were worth $3,453,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SLV. Sarver Vrooman Wealth Advisors acquired a new position in iShares Silver Trust in the fourth quarter valued at about $30,000. Intesa Sanpaolo Wealth Management acquired a new stake in iShares Silver Trust during the fourth quarter worth about $32,000. Rialto Wealth Management LLC bought a new position in iShares Silver Trust in the 4th quarter valued at about $33,000. Sfam LLC bought a new position in iShares Silver Trust in the 4th quarter valued at about $33,000. Finally, Redwood Park Advisors LLC increased its holdings in iShares Silver Trust by 106.4% in the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 266 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $55.02 on Friday. The firm has a 50 day moving average of $64.58 and a 200-day moving average of $69.99. iShares Silver Trust has a 12 month low of $32.96 and a 12 month high of $109.83. The stock has a market capitalization of $29.39 billion, a PE ratio of -8.51 and a beta of 0.50.

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. 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.