National Wealth Management Group LLC Lowers Position in iShares Silver Trust (NYSEARCA:SLV)

National Wealth Management Group LLC decreased its position in iShares Silver Trust (NYSEARCA:SLV) by 17.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,671 shares of the exchange traded fund’s stock after selling 3,855 shares during the quarter. National Wealth Management Group LLC’s holdings in iShares Silver Trust were worth $465,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Quadrature Capital Ltd purchased a new stake in shares of iShares Silver Trust during the 3rd quarter valued at $91,122,000. Raymond James Financial Inc. bought a new position in iShares Silver Trust during the fourth quarter valued at about $57,303,000. Proficio Capital Partners LLC increased its holdings in iShares Silver Trust by 715.2% during the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock worth $55,781,000 after buying an additional 1,858,658 shares during the last quarter. Toronto Dominion Bank raised its position in iShares Silver Trust by 18.6% in the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock worth $64,883,000 after acquiring an additional 358,806 shares during the period. Finally, Wellington Management Group LLP purchased a new position in iShares Silver Trust in the third quarter valued at about $7,769,000.

iShares Silver Trust Trading Down 0.0 %

iShares Silver Trust stock opened at $30.99 on Tuesday. The business’s 50 day simple moving average is $29.43 and its 200 day simple moving average is $28.71. iShares Silver Trust has a 12 month low of $22.63 and a 12 month high of $31.80. The company has a market cap of $14.83 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73.

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.