Harfst & Associates Inc. Invests $404,000 in iShares Silver Trust $SLV

Harfst & Associates Inc. acquired a new stake in iShares Silver Trust (NYSEARCA:SLVFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 9,540 shares of the exchange traded fund’s stock, valued at approximately $404,000.

Several other hedge funds have also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. boosted its holdings in iShares Silver Trust by 2.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock valued at $501,000 after acquiring an additional 239 shares during the period. Swisher Financial Concepts Inc. lifted its position in shares of iShares Silver Trust by 1.4% during the third quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock worth $729,000 after purchasing an additional 240 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in shares of iShares Silver Trust by 0.6% in the third quarter. Silver Oak Securities Incorporated now owns 42,936 shares of the exchange traded fund’s stock valued at $1,819,000 after purchasing an additional 251 shares during the period. Ironwood Wealth Management LLC. boosted its stake in shares of iShares Silver Trust by 3.2% in the third quarter. Ironwood Wealth Management LLC. now owns 8,203 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 255 shares during the period. Finally, Bridgewealth Advisory Group LLC grew its holdings in shares of iShares Silver Trust by 1.0% in the third quarter. Bridgewealth Advisory Group LLC now owns 26,483 shares of the exchange traded fund’s stock valued at $1,122,000 after purchasing an additional 260 shares in the last quarter.

iShares Silver Trust News Summary

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

iShares Silver Trust Stock Down 3.7%

Shares of SLV opened at $70.96 on Thursday. The company has a market cap of $41.37 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $73.84. The firm’s 50 day moving average price is $54.40 and its 200 day moving average price is $43.54.

iShares Silver Trust Company 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.

See Also

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

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