Arvest Investments Inc. decreased its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,862 shares of the exchange traded fund’s stock after selling 1,613 shares during the quarter. Arvest Investments Inc.’s holdings in iShares Silver Trust were worth $1,956,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in SLV. NWI Management LP increased its holdings in shares of iShares Silver Trust by 10,526.6% in the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after acquiring an additional 5,263,305 shares during the last quarter. Meitav Investment House Ltd. purchased a new position in iShares Silver Trust in the second quarter valued at approximately $45,688,000. Cetera Investment Advisers raised its holdings in iShares Silver Trust by 842.7% during the first quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of iShares Silver Trust by 3,449.3% during the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after buying an additional 524,609 shares during the last quarter. Finally, Caxton Associates LP acquired a new position in shares of iShares Silver Trust in the 1st quarter valued at $10,506,000.
iShares Silver Trust Trading Down 2.2 %
NYSEARCA:SLV traded down $0.63 during midday trading on Friday, hitting $28.48. 20,235,195 shares of the company were exchanged, compared to its average volume of 22,688,418. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The company has a market capitalization of $13.37 billion, a PE ratio of -7.01 and a beta of 0.43. The company has a fifty day simple moving average of $28.63 and a 200 day simple moving average of $27.36.
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.
Featured Stories
- Five stocks we like better than iShares Silver Trust
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- California Resources Stock Could Be a Huge Long-Term Winner
- When to Sell a Stock for Profit or Loss
- Observability Wars: Datadog and Dynatrace Vie for Data Dominance
- 5 Top Rated Dividend Stocks to Consider
- Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
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.