HB Wealth Management LLC decreased its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 54.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,404 shares of the exchange traded fund’s stock after selling 18,312 shares during the quarter. HB Wealth Management LLC’s holdings in iShares Silver Trust were worth $350,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of the company. Transcendent Capital Group LLC bought a new position in iShares Silver Trust during the 4th quarter valued at $26,000. VisionPoint Advisory Group LLC bought a new stake in shares of iShares Silver Trust during the 3rd quarter worth $25,000. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter worth $34,000. Tennessee Valley Asset Management Partners bought a new stake in shares of iShares Silver Trust during the 4th quarter worth $34,000. Finally, BKM Wealth Management LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter worth $38,000.
iShares Silver Trust Price Performance
Shares of NYSEARCA SLV traded up $0.71 during mid-day trading on Friday, reaching $28.55. 18,299,891 shares of the company’s stock were exchanged, compared to its average volume of 24,217,334. The firm has a market capitalization of $13.40 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56. The firm has a 50-day moving average price of $26.84 and a two-hundred day moving average price of $23.83.
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.
See Also
- Five stocks we like better than iShares Silver Trust
- What is Forex and How Does it Work?
- Constellation Brands Stock Q1 2025: Crushing Anheuser-Busch?
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Qualcomm Stock Continues to Rise in the Face of Negative News
- Want to Profit on the Downtrend? Downtrends, Explained.
- Top 3 Summer Stocks with Solid Growth Opportunities
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
