Realta Investment Advisors trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 29.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,173 shares of the exchange traded fund’s stock after selling 8,771 shares during the quarter. Realta Investment Advisors’ holdings in iShares Silver Trust were worth $604,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. AlphaMark Advisors LLC raised its position in iShares Silver Trust by 57.2% during the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 372 shares during the period. Spartan Fund Management Inc. bought a new position in shares of iShares Silver Trust during the 3rd quarter valued at approximately $28,000. Triad Wealth Partners LLC purchased a new stake in iShares Silver Trust during the 2nd quarter valued at $29,000. Jamison Private Wealth Management Inc. purchased a new position in iShares Silver Trust during the third quarter worth $31,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of iShares Silver Trust in the second quarter valued at $32,000.
iShares Silver Trust Stock Down 0.9 %
iShares Silver Trust stock traded down $0.27 during midday trading on Friday, reaching $29.54. The stock had a trading volume of 22,164,872 shares, compared to its average volume of 22,751,662. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The company has a fifty day moving average of $28.41 and a 200 day moving average of $27.23. The firm has a market cap of $13.86 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
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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