One Charles Private Wealth Services LLC Sells 929 Shares of iShares Silver Trust (NYSEARCA:SLV)

One Charles Private Wealth Services LLC lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 50,500 shares of the exchange traded fund’s stock after selling 929 shares during the quarter. One Charles Private Wealth Services LLC’s holdings in iShares Silver Trust were worth $1,435,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SLV. NWI Management LP raised its stake in iShares Silver Trust by 10,526.6% during the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after buying an additional 5,263,305 shares during the period. Commonwealth Equity Services LLC raised its position in shares of iShares Silver Trust by 1.6% during the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock worth $53,294,000 after purchasing an additional 30,116 shares during the period. Meitav Investment House Ltd. bought a new position in shares of iShares Silver Trust in the 2nd quarter worth $45,688,000. Raymond James Financial Services Advisors Inc. grew its position in iShares Silver Trust by 17.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock valued at $35,923,000 after purchasing an additional 204,606 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in iShares Silver Trust by 27.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock valued at $31,633,000 after purchasing an additional 259,988 shares in the last quarter.

iShares Silver Trust Trading Up 1.5 %

SLV opened at $28.46 on Friday. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $31.80. The company has a market cap of $13.36 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company’s fifty day moving average price is $28.98 and its two-hundred day moving average price is $27.56.

About iShares Silver Trust

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.