Confluence Wealth Services Inc. Reduces Position in iShares Silver Trust (NYSEARCA:SLV)

Confluence Wealth Services Inc. lowered its stake in iShares Silver Trust (NYSEARCA:SLV) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,476 shares of the exchange traded fund’s stock after selling 1,000 shares during the period. Confluence Wealth Services Inc.’s holdings in iShares Silver Trust were worth $1,065,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Whitaker Myers Wealth Managers LTD. lifted its stake 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 valued at $322,000 after acquiring an additional 340 shares during the period. Columbus Macro LLC raised its stake in shares of iShares Silver Trust by 1.8% during the 3rd quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 368 shares during the last quarter. AlphaMark Advisors LLC lifted its holdings in shares of iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 372 shares during the period. Whittier Trust Co. boosted its stake in shares of iShares Silver Trust by 1.7% in the second quarter. Whittier Trust Co. now owns 23,650 shares of the exchange traded fund’s stock worth $628,000 after buying an additional 394 shares during the last quarter. Finally, Durante & Waters LLC boosted its stake in shares of iShares Silver Trust by 3.4% in the second quarter. Durante & Waters LLC now owns 11,895 shares of the exchange traded fund’s stock worth $316,000 after buying an additional 395 shares during the last quarter.

iShares Silver Trust Trading Down 0.9 %

Shares of SLV stock opened at $29.54 on Monday. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $31.80. The stock has a market cap of $13.86 billion, a P/E ratio of -7.01 and a beta of 0.43. The stock has a 50 day moving average of $28.41 and a 200 day moving average of $27.24.

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.