Insigneo Advisory Services LLC Has $18.05 Million Holdings in iShares Silver Trust $SLV

Insigneo Advisory Services LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 9.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 425,931 shares of the exchange traded fund’s stock after acquiring an additional 35,999 shares during the period. iShares Silver Trust comprises approximately 1.3% of Insigneo Advisory Services LLC’s holdings, making the stock its 13th largest holding. Insigneo Advisory Services LLC owned approximately 0.08% of iShares Silver Trust worth $18,047,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Redhawk Wealth Advisors Inc. grew its holdings in shares of iShares Silver Trust by 2.1% during the third quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock worth $501,000 after purchasing an additional 239 shares during the last quarter. Swisher Financial Concepts Inc. lifted its position in iShares Silver Trust by 1.4% during the 3rd quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock worth $729,000 after buying an additional 240 shares in the last quarter. Nexus Investment Management ULC lifted its position in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 250 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in iShares Silver Trust by 0.6% during the 3rd quarter. Silver Oak Securities Incorporated now owns 42,936 shares of the exchange traded fund’s stock worth $1,819,000 after acquiring an additional 251 shares during the last quarter. Finally, Ironwood Wealth Management LLC. increased 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 acquiring an additional 255 shares in the last quarter.

iShares Silver Trust Trading Down 8.4%

Shares of SLV stock opened at $74.68 on Wednesday. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The firm’s 50 day moving average is $77.06 and its 200-day moving average is $56.14. The firm has a market capitalization of $41.11 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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iShares Silver Trust 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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