Journey Strategic Wealth LLC Reduces Position in iShares Silver Trust $SLV

Journey Strategic Wealth LLC trimmed its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 35.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,369 shares of the exchange traded fund’s stock after selling 19,050 shares during the quarter. Journey Strategic Wealth LLC’s holdings in iShares Silver Trust were worth $1,499,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its stake in iShares Silver Trust by 9.2% in the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC purchased a new stake in shares of iShares Silver Trust during the fourth quarter valued at $238,000. Capstone Wealth Management Group LLC bought a new position in shares of iShares Silver Trust in the first quarter worth about $443,000. Schnieders Capital Management LLC. increased its stake in iShares Silver Trust by 15.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 1,300 shares during the period. Finally, HBK Sorce Advisory LLC bought a new stake in iShares Silver Trust during the 2nd quarter valued at about $237,000.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $84.99 on Monday. The stock has a market cap of $46.79 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The firm has a 50-day moving average of $76.48 and a two-hundred day moving average of $55.52. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83.

About iShares Silver Trust

(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.

See Also

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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