iShares Silver Trust $SLV Stock Position Trimmed by Nwam LLC

Nwam LLC cut its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 27.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 98,097 shares of the exchange traded fund’s stock after selling 37,636 shares during the quarter. Nwam LLC’s holdings in iShares Silver Trust were worth $6,319,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. TBH Global Asset Management LLC lifted its position in iShares Silver Trust by 1.5% in the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 104 shares during the last quarter. Westside Investment Management Inc. lifted its position in iShares Silver Trust by 23.4% in the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 130 shares during the last quarter. JNBA Financial Advisors lifted its position in iShares Silver Trust by 1.2% in the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 132 shares during the last quarter. Wolff Wiese Magana LLC lifted its position in iShares Silver Trust by 1.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock valued at $651,000 after purchasing an additional 150 shares during the last quarter. Finally, Wesbanco Bank Inc. lifted its position in iShares Silver Trust by 1.2% in the 4th quarter. Wesbanco Bank Inc. now owns 12,421 shares of the exchange traded fund’s stock valued at $800,000 after purchasing an additional 152 shares during the last quarter.

More iShares Silver Trust News

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iShares Silver Trust Stock Up 2.0%

Shares of NYSEARCA:SLV opened at $73.01 on Friday. The company has a market cap of $41.32 billion, a PE ratio of -8.51 and a beta of 0.45. The company’s 50-day moving average price is $70.31 and its 200 day moving average price is $65.45. iShares Silver Trust has a fifty-two week low of $29.09 and a fifty-two week high of $109.83.

About iShares Silver Trust

(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.

See Also

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

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