Focus Financial Network Inc. Sells 41,796 Shares of iShares Silver Trust $SLV

Focus Financial Network Inc. cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 53.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,262 shares of the exchange traded fund’s stock after selling 41,796 shares during the period. Focus Financial Network Inc.’s holdings in iShares Silver Trust were worth $2,336,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Inspirion Wealth Advisors LLC raised its holdings in shares of iShares Silver Trust by 2.0% during the 4th quarter. Inspirion Wealth Advisors LLC now owns 8,426 shares of the exchange traded fund’s stock worth $543,000 after buying an additional 162 shares in the last quarter. United Capital Management of KS Inc. boosted its stake in iShares Silver Trust by 3.3% in the third quarter. United Capital Management of KS Inc. now owns 6,999 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 221 shares in the last quarter. JT Stratford LLC boosted its stake in iShares Silver Trust by 2.7% in the third quarter. JT Stratford LLC now owns 8,429 shares of the exchange traded fund’s stock valued at $357,000 after buying an additional 225 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its position in iShares Silver Trust by 2.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock valued at $501,000 after acquiring an additional 239 shares during the last quarter. Finally, Swisher Financial Concepts Inc. grew its position in iShares Silver Trust by 1.4% in the third quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock valued at $729,000 after acquiring an additional 240 shares during the last quarter.

iShares Silver Trust Trading Up 3.6%

Shares of NYSEARCA SLV opened at $65.21 on Thursday. The company has a market cap of $35.90 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12 month low of $26.57 and a 12 month high of $109.83. The stock has a 50-day moving average price of $77.36 and a two-hundred day moving average price of $60.00.

Key iShares Silver Trust News

Here are the key news stories impacting iShares Silver Trust this week:

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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