Inspirion Wealth Advisors LLC cut its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 8.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,564 shares of the exchange traded fund’s stock after selling 700 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $207,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Silver Trust in the 4th quarter valued at approximately $25,000. Spartan Fund Management Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at approximately $28,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at approximately $31,000. Peoples Bank KS grew its stake in shares of iShares Silver Trust by 334.5% during the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 970 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares Silver Trust in the 3rd quarter valued at $40,000.
iShares Silver Trust Stock Up 0.3 %
Shares of SLV stock opened at $28.04 on Friday. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $31.80. The stock’s fifty day simple moving average is $27.65 and its 200 day simple moving average is $27.67. The firm has a market capitalization of $13.16 billion, a P/E ratio of -7.01 and a beta of 0.43.
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
- Short Selling – The Pros and Cons
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- What Makes a Stock a Good Dividend Stock?
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- Are Penny Stocks a Good Fit for Your Portfolio?
- Micron Technology: Riding the AI Wave to Long-Term Growth
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.