Arvest Investments Inc. Has $2.57 Million Stock Holdings in iShares Silver Trust $SLV

Arvest Investments Inc. lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 13.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,738 shares of the exchange traded fund’s stock after selling 9,808 shares during the period. Arvest Investments Inc.’s holdings in iShares Silver Trust were worth $2,573,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Center for Financial Planning Inc. bought a new stake in iShares Silver Trust in the 2nd quarter valued at about $25,000. Highline Wealth Partners LLC acquired a new stake in iShares Silver Trust in the second quarter valued at approximately $26,000. Addison Advisors LLC bought a new stake in shares of iShares Silver Trust during the second quarter valued at approximately $31,000. Financial Management Professionals Inc. increased its holdings in shares of iShares Silver Trust by 37.6% during the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 302 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of iShares Silver Trust during the second quarter worth approximately $38,000.

iShares Silver Trust Stock Up 2.7%

Shares of SLV opened at $60.93 on Monday. The business’s fifty day moving average is $48.76 and its 200 day moving average is $40.50. iShares Silver Trust has a 12-month low of $26.22 and a 12-month high of $61.16. The stock has a market cap of $32.83 billion, a P/E ratio of -8.51 and a beta of 0.38.

iShares Silver Trust News Summary

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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.

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

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