24,755 iShares Silver Trust $SLV Shares Sold by Encompass More Asset Management

Encompass More Asset Management lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 19.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 101,270 shares of the exchange traded fund’s stock after selling 24,755 shares during the quarter. Encompass More Asset Management’s holdings in iShares Silver Trust were worth $5,520,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fiscal Wisdom Wealth Management LLC grew its stake in iShares Silver Trust by 13.8% during the third quarter. Fiscal Wisdom Wealth Management LLC now owns 5,237 shares of the exchange traded fund’s stock worth $285,000 after buying an additional 636 shares in the last quarter. Eagle Strategies LLC increased its holdings in iShares Silver Trust by 0.4% in the 3rd quarter. Eagle Strategies LLC now owns 78,030 shares of the exchange traded fund’s stock valued at $4,253,000 after buying an additional 329 shares during the period. Parisi Gray Wealth Management bought a new position in iShares Silver Trust in the 3rd quarter valued at about $1,700,000. TD Waterhouse Canada Inc. raised its position in shares of iShares Silver Trust by 1.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 342,170 shares of the exchange traded fund’s stock valued at $18,860,000 after buying an additional 4,927 shares in the last quarter. Finally, KFG Wealth Management LLC raised its position in shares of iShares Silver Trust by 14.5% in the 3rd quarter. KFG Wealth Management LLC now owns 12,916 shares of the exchange traded fund’s stock valued at $704,000 after buying an additional 1,631 shares in the last quarter.

iShares Silver Trust Trading Down 0.8%

Shares of NYSEARCA:SLV opened at $51.51 on Friday. The firm has a 50 day moving average of $57.81 and a 200-day moving average of $60.75. iShares Silver Trust has a 12 month low of $41.70 and a 12 month high of $109.83. The stock has a market capitalization of $27.72 billion, a PE ratio of -8.51 and a beta of 0.51.

About iShares Silver Trust

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.