Northeast Planning Associates INC. NH Has $23.43 Million Stake in iShares Silver Trust $SLV

Northeast Planning Associates INC. NH cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 2.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 438,167 shares of the exchange traded fund’s stock after selling 12,513 shares during the quarter. iShares Silver Trust makes up 17.0% of Northeast Planning Associates INC. NH’s investment portfolio, making the stock its largest holding. Northeast Planning Associates INC. NH owned 0.08% of iShares Silver Trust worth $23,429,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Axiom Investment Management LLC bought a new stake in iShares Silver Trust in the first quarter worth about $26,000. Sarver Vrooman Wealth Advisors bought a new position in shares of iShares Silver Trust during the 4th quarter valued at approximately $30,000. Intesa Sanpaolo Wealth Management bought a new position in shares of iShares Silver Trust during the 4th quarter valued at approximately $32,000. West Branch Capital LLC purchased a new stake in shares of iShares Silver Trust during the 2nd quarter worth approximately $27,000. Finally, Sfam LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $33,000.

iShares Silver Trust Trading Down 1.2%

NYSEARCA:SLV opened at $59.82 on Friday. The stock has a market capitalization of $31.95 billion, a PE ratio of -8.51 and a beta of 0.53. The firm’s 50 day moving average is $56.04 and its 200 day moving average is $64.19. iShares Silver Trust has a 12 month low of $36.97 and a 12 month high of $109.83.

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. 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.