JNBA Financial Advisors Sells 670 Shares of iShares Silver Trust $SLV

JNBA Financial Advisors lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 5.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,775 shares of the exchange traded fund’s stock after selling 670 shares during the period. JNBA Financial Advisors’ holdings in iShares Silver Trust were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SLV. Smallwood Wealth Investment Management LLC bought a new position in iShares Silver Trust during the 1st quarter worth $25,000. Highline Wealth Partners LLC bought a new position in iShares Silver Trust during the 2nd quarter worth $26,000. Trifecta Capital Advisors LLC bought a new position in iShares Silver Trust during the 1st quarter worth $31,000. Kentucky Trust Co increased its position in iShares Silver Trust by 185.7% during the 1st quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 650 shares during the period. Finally, Financial Management Professionals Inc. increased its position in iShares Silver Trust by 37.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 302 shares during the period.

iShares Silver Trust Price Performance

SLV stock opened at $45.43 on Friday. The stock has a market capitalization of $24.41 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. The business’s fifty day moving average price is $37.97 and its two-hundred day moving average price is $33.71. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $46.35.

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.