Sowell Financial Services LLC Sells 1,947 Shares of iShares Silver Trust (NYSEARCA:SLV)

Sowell Financial Services LLC reduced its stake in iShares Silver Trust (NYSEARCA:SLVGet Rating) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,479 shares of the exchange traded fund’s stock after selling 1,947 shares during the period. Sowell Financial Services LLC’s holdings in iShares Silver Trust were worth $2,161,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of iShares Silver Trust in the third quarter valued at approximately $20,520,000. Spire Wealth Management boosted its stake in shares of iShares Silver Trust by 161.7% in the fourth quarter. Spire Wealth Management now owns 141,039 shares of the exchange traded fund’s stock valued at $3,034,000 after buying an additional 87,145 shares during the period. Meridian Wealth Management LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $225,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $2,497,000. Finally, Allworth Financial LP boosted its stake in shares of iShares Silver Trust by 6.7% in the fourth quarter. Allworth Financial LP now owns 71,978 shares of the exchange traded fund’s stock valued at $1,548,000 after buying an additional 4,500 shares during the period.

NYSEARCA SLV opened at $21.39 on Thursday. The business has a fifty day moving average price of $22.90 and a two-hundred day moving average price of $22.06. iShares Silver Trust has a fifty-two week low of $19.80 and a fifty-two week high of $26.43.

iShares Silver Trust Company Profile (Get Rating)

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.

See Also

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

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