iShares Silver Trust $SLV Shares Sold by Benjamin Edwards Inc.

Benjamin Edwards Inc. trimmed its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 15.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,320 shares of the exchange traded fund’s stock after selling 7,877 shares during the quarter. Benjamin Edwards Inc.’s holdings in iShares Silver Trust were worth $2,726,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Vantage Financial Partners LLC acquired a new position in iShares Silver Trust in the third quarter valued at $489,000. Wealth Enhancement Advisory Services LLC increased its stake in iShares Silver Trust by 14.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock valued at $10,525,000 after purchasing an additional 30,915 shares during the last quarter. D.B. Root & Company LLC acquired a new position in iShares Silver Trust in the third quarter valued at $370,000. Envestnet Asset Management Inc. increased its stake in iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after purchasing an additional 273,913 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC acquired a new position in iShares Silver Trust in the third quarter valued at $235,000.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Trading Down 0.0%

iShares Silver Trust stock opened at $65.91 on Wednesday. The firm has a market capitalization of $37.31 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock has a fifty day moving average price of $70.67 and a 200 day moving average price of $65.13. iShares Silver Trust has a 52 week low of $29.09 and a 52 week high of $109.83.

iShares Silver Trust Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

Further Reading

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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