Private Wealth Advisors LLC Cuts Stake in iShares Silver Trust (NYSEARCA:SLV)

Private Wealth Advisors LLC reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,870 shares of the exchange traded fund’s stock after selling 1,420 shares during the quarter. Private Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $2,940,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Spartan Fund Management Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at about $28,000. AlphaMark Advisors LLC increased its holdings in iShares Silver Trust by 57.2% during the second 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. Triad Wealth Partners LLC bought a new position in iShares Silver Trust in the second quarter worth approximately $29,000. Jamison Private Wealth Management Inc. purchased a new stake in iShares Silver Trust during the third quarter worth $31,000. Finally, Peoples Bank KS boosted its position in iShares Silver Trust by 334.5% during the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 970 shares in the last quarter.

iShares Silver Trust Trading Down 0.6 %

Shares of NYSEARCA:SLV traded down $0.16 on Tuesday, reaching $27.81. The company had a trading volume of 7,942,377 shares, compared to its average volume of 22,629,779. The firm has a market capitalization of $13.05 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The firm’s 50 day simple moving average is $28.66 and its 200-day simple moving average is $27.40.

iShares Silver Trust Company 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.