Wolff Wiese Magana LLC Purchases New Shares in iShares Silver Trust $SLV

Wolff Wiese Magana LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 9,962 shares of the exchange traded fund’s stock, valued at approximately $422,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SLV. Redhawk Wealth Advisors Inc. lifted its position in iShares Silver Trust by 2.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock worth $501,000 after acquiring an additional 239 shares during the period. Swisher Financial Concepts Inc. raised its stake in shares of iShares Silver Trust by 1.4% during the third quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock worth $729,000 after purchasing an additional 240 shares during the last quarter. Nexus Investment Management ULC lifted its holdings in shares of iShares Silver Trust by 50.0% during the third 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 period. Silver Oak Securities Incorporated lifted its holdings in shares of iShares Silver Trust by 0.6% during the third quarter. Silver Oak Securities Incorporated now owns 42,936 shares of the exchange traded fund’s stock worth $1,819,000 after purchasing an additional 251 shares during the period. Finally, Ironwood Wealth Management LLC. grew its position in iShares Silver Trust by 3.2% in the 3rd quarter. Ironwood Wealth Management LLC. now owns 8,203 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 255 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $83.32 on Friday. iShares Silver Trust has a one year low of $26.57 and a one year high of $84.78. The company has a market cap of $47.91 billion, a P/E ratio of -8.51 and a beta of 0.38. The firm has a fifty day moving average of $58.47 and a two-hundred day moving average of $45.33.

Key Stories Impacting iShares Silver Trust

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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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