Nwam LLC reduced its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 74.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,804 shares of the exchange traded fund’s stock after selling 58,963 shares during the period. Nwam LLC’s holdings in iShares Silver Trust were worth $492,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Simplicity Wealth LLC acquired a new stake in shares of iShares Silver Trust in the first quarter worth approximately $37,183,000. Pineridge Advisors LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth approximately $22,687,000. RIA Advisory Group LLC boosted its stake in shares of iShares Silver Trust by 3,532.2% in the first quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock worth $16,786,000 after acquiring an additional 717,540 shares during the last quarter. Yong Rong HK Asset Management Ltd acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth approximately $10,890,000. Finally, Bleakley Financial Group LLC boosted its stake in shares of iShares Silver Trust by 27.5% in the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after acquiring an additional 397,836 shares during the last quarter.
iShares Silver Trust Price Performance
Shares of NYSEARCA:SLV opened at $26.69 on Friday. The business’s 50 day moving average price is $27.54 and its 200-day moving average price is $24.31. The firm has a market capitalization of $12.53 billion, a PE 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.
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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