Professional Financial Advisors LLC Reduces Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Professional Financial Advisors LLC decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,285 shares of the exchange traded fund’s stock after selling 1,012 shares during the period. Professional Financial Advisors LLC’s holdings in iShares Silver Trust were worth $1,245,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SLV. Whitaker Myers Wealth Managers LTD. increased its holdings in iShares Silver Trust by 3.1% during the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 11,339 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 340 shares during the period. Moloney Securities Asset Management LLC lifted its stake in iShares Silver Trust by 3.3% in the third quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 356 shares during the period. Columbus Macro LLC lifted its stake in iShares Silver Trust by 1.8% in the third quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock worth $588,000 after acquiring an additional 368 shares during the period. Raymond James Trust N.A. increased its position in iShares Silver Trust by 3.1% during the 3rd quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock valued at $366,000 after purchasing an additional 383 shares during the period. Finally, Alpha Cubed Investments LLC raised its holdings in shares of iShares Silver Trust by 5.1% in the 3rd quarter. Alpha Cubed Investments LLC now owns 8,106 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 395 shares in the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $26.96 on Tuesday. The company has a market cap of $12.65 billion, a PE ratio of -7.01 and a beta of 0.43. The firm’s 50 day moving average price is $27.79 and its 200-day moving average price is $27.65. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80.

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.