CWA Asset Management Group LLC Has $5.21 Million Stake in iShares Silver Trust $SLV

CWA Asset Management Group LLC trimmed its stake in iShares Silver Trust (NYSEARCA:SLV) by 6.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 123,040 shares of the exchange traded fund’s stock after selling 7,791 shares during the quarter. CWA Asset Management Group LLC’s holdings in iShares Silver Trust were worth $5,213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kercheville Advisors LLC lifted its position in iShares Silver Trust by 18.6% in the 3rd quarter. Kercheville Advisors LLC now owns 60,700 shares of the exchange traded fund’s stock worth $2,572,000 after buying an additional 9,500 shares in the last quarter. City Holding Co. grew its holdings in shares of iShares Silver Trust by 30.4% during the 3rd quarter. City Holding Co. now owns 17,000 shares of the exchange traded fund’s stock valued at $720,000 after acquiring an additional 3,965 shares in the last quarter. O ROURKE & COMPANY Inc increased its stake in shares of iShares Silver Trust by 8.5% in the third quarter. O ROURKE & COMPANY Inc now owns 19,369 shares of the exchange traded fund’s stock worth $821,000 after acquiring an additional 1,513 shares during the last quarter. Centennial Wealth Advisory LLC raised its holdings in shares of iShares Silver Trust by 0.9% during the third quarter. Centennial Wealth Advisory LLC now owns 52,511 shares of the exchange traded fund’s stock worth $2,225,000 after acquiring an additional 477 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of iShares Silver Trust by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after acquiring an additional 26,710 shares in the last quarter.

iShares Silver Trust Trading Up 2.1%

SLV opened at $65.75 on Monday. The stock has a fifty day moving average price of $52.69 and a 200 day moving average price of $42.81. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $71.22. The stock has a market cap of $38.01 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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. 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.