iShares Silver Trust $SLV Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 14.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 242,573 shares of the exchange traded fund’s stock after acquiring an additional 30,915 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Silver Trust were worth $10,525,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Center for Financial Planning Inc. acquired a new position in shares of iShares Silver Trust in the 2nd quarter valued at $25,000. Highline Wealth Partners LLC acquired a new stake in iShares Silver Trust during the 2nd quarter valued at $26,000. Addison Advisors LLC purchased a new stake in shares of iShares Silver Trust during the second quarter worth about $31,000. Nexus Investment Management ULC increased its holdings in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 250 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new position in iShares Silver Trust during the 2nd quarter worth $38,000.

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iShares Silver Trust Trading Up 6.6%

Shares of NYSEARCA SLV opened at $92.91 on Friday. The company has a market capitalization of $53.45 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $92.98. The business has a 50 day simple moving average of $63.15 and a 200-day simple moving average of $47.50.

iShares Silver Trust Company Profile

(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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