Rooted Wealth Advisors Inc. reduced its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 11.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,678 shares of the exchange traded fund’s stock after selling 3,699 shares during the period. Rooted Wealth Advisors Inc.’s holdings in iShares Silver Trust were worth $756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of SLV. Eagle Bay Advisors LLC bought a new position in iShares Silver Trust in the fourth quarter valued at about $25,000. Key Client Fiduciary Advisors LLC increased its position in shares of iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. lifted its stake in shares of iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares during the period. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust in the third quarter worth approximately $28,000. Finally, Stonebridge Financial Group LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at approximately $29,000.
iShares Silver Trust Trading Up 0.4 %
Shares of SLV stock opened at $29.46 on Friday. The company has a 50 day simple moving average of $27.84 and a two-hundred day simple moving average of $27.82. The stock has a market cap of $13.83 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12 month low of $20.21 and a 12 month high of $31.80.
iShares Silver Trust 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.
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