HBW Advisory Services LLC Sells 990 Shares of iShares Silver Trust (NYSEARCA:SLV)

HBW Advisory Services LLC lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 6.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 14,717 shares of the exchange traded fund’s stock after selling 990 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares Silver Trust were worth $387,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vontobel Holding Ltd. increased its position in iShares Silver Trust by 106.0% during the third quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock valued at $1,744,000 after acquiring an additional 31,601 shares during the last quarter. ROI Financial Advisors LLC boosted its stake in shares of iShares Silver Trust by 64.0% during the 3rd quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock worth $774,000 after purchasing an additional 10,626 shares during the period. FMR LLC grew its holdings in iShares Silver Trust by 46.4% during the 3rd quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 5,135 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in iShares Silver Trust by 5.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock worth $3,879,000 after purchasing an additional 7,388 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Silver Trust by 2.0% in the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock worth $5,575,000 after purchasing an additional 3,901 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $27.61 on Friday. The business has a 50 day simple moving average of $27.83 and a two-hundred day simple moving average of $27.63. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The firm has a market capitalization of $12.96 billion, a PE ratio of -7.01 and a beta of 0.43.

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.