WJ Financial Advisors LLC Buys New Holdings in iShares Silver Trust $SLV

WJ Financial Advisors LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLVFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,309 shares of the exchange traded fund’s stock, valued at approximately $903,000.

A number of other hedge funds also recently made changes to their positions in SLV. Vantage Financial Partners LLC bought a new position in iShares Silver Trust during the 3rd quarter worth $489,000. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares Silver Trust by 14.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock worth $10,525,000 after purchasing an additional 30,915 shares in the last quarter. D.B. Root & Company LLC bought a new position in shares of iShares Silver Trust during the third quarter worth approximately $370,000. Envestnet Asset Management Inc. raised its position in shares of iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after buying an additional 273,913 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC bought a new stake in shares of iShares Silver Trust in the third quarter valued at approximately $235,000.

iShares Silver Trust News Summary

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

iShares Silver Trust Stock Up 2.9%

SLV opened at $69.72 on Friday. The stock has a market capitalization of $38.38 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $109.83. The company has a 50-day simple moving average of $72.78 and a 200 day simple moving average of $52.34.

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

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

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

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