Ameritas Advisory Services LLC Sells 12,300 Shares of iShares Silver Trust $SLV

Ameritas Advisory Services LLC trimmed its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 13.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,180 shares of the exchange traded fund’s stock after selling 12,300 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Silver Trust were worth $3,397,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vantage Financial Partners LLC acquired a new stake in iShares Silver Trust in the third quarter valued at approximately $489,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Silver Trust by 14.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock valued at $10,525,000 after purchasing an additional 30,915 shares during the last quarter. D.B. Root & Company LLC acquired a new stake in shares of iShares Silver Trust in the 3rd quarter worth $370,000. Envestnet Asset Management Inc. boosted its position in shares of iShares Silver Trust by 20.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after purchasing an additional 273,913 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC purchased a new position in iShares Silver Trust during the 3rd quarter worth $235,000.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $67.73 on Friday. The stock has a 50-day moving average of $72.44 and a two-hundred day moving average of $52.09. iShares Silver Trust has a one year low of $26.57 and a one year high of $109.83. The stock has a market cap of $37.29 billion, a PE ratio of -8.51 and a beta of 0.38.

Key Stories Impacting iShares Silver Trust

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iShares Silver Trust 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.

Further Reading

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

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