Arvest Investments Inc. decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,862 shares of the exchange traded fund’s stock after selling 1,613 shares during the period. Arvest Investments Inc.’s holdings in iShares Silver Trust were worth $1,956,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vontobel Holding Ltd. boosted its holdings in iShares Silver Trust by 106.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock valued at $1,744,000 after purchasing an additional 31,601 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in iShares Silver Trust by 29.8% during the second quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock worth $318,000 after acquiring an additional 2,749 shares during the period. Atomi Financial Group Inc. raised its position in iShares Silver Trust by 7.9% in the first quarter. Atomi Financial Group Inc. now owns 12,176 shares of the exchange traded fund’s stock worth $277,000 after acquiring an additional 888 shares in the last quarter. Inspirion Wealth Advisors LLC acquired a new stake in iShares Silver Trust in the second quarter valued at $220,000. Finally, ORG Partners LLC purchased a new stake in shares of iShares Silver Trust during the 2nd quarter worth $39,000.
iShares Silver Trust Trading Down 2.2 %
Shares of SLV traded down $0.63 during trading hours on Friday, reaching $28.48. The company had a trading volume of 20,235,195 shares, compared to its average volume of 22,688,418. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The firm has a 50 day simple moving average of $28.63 and a 200-day simple moving average of $27.36. The company has a market capitalization of $13.37 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
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.
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