JFS Wealth Advisors LLC Trims Stock Position in iShares Silver Trust (NYSEARCA:SLV)

JFS Wealth Advisors LLC lessened its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,673 shares of the exchange traded fund’s stock after selling 370 shares during the quarter. JFS Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $114,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SLV. Anderson Financial Strategies LLC purchased a new stake in iShares Silver Trust in the 4th quarter valued at $26,000. Ameriflex Group Inc. purchased a new stake in iShares Silver Trust in the 4th quarter valued at $30,000. Vermillion Wealth Management Inc. purchased a new stake in iShares Silver Trust in the 4th quarter valued at $31,000. Kentucky Trust Co raised its position in iShares Silver Trust by 185.7% in the 1st quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 650 shares during the last quarter. Finally, Trifecta Capital Advisors LLC purchased a new stake in iShares Silver Trust in the 1st quarter valued at $31,000.

iShares Silver Trust Price Performance

SLV stock opened at $32.61 on Wednesday. The company has a market cap of $17.24 billion, a price-to-earnings ratio of -8.51 and a beta of 0.56. The company has a fifty day moving average price of $30.84 and a 200 day moving average price of $29.40. iShares Silver Trust has a 12 month low of $24.25 and a 12 month high of $33.87.

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.