iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Primoris Wealth Advisors LLC

Primoris Wealth Advisors LLC lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 37.1% during the third quarter, Holdings Channel.com reports. The firm owned 20,579 shares of the exchange traded fund’s stock after selling 12,140 shares during the quarter. Primoris Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $585,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whitaker Myers Wealth Managers LTD. raised its stake in iShares Silver Trust by 3.1% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 11,339 shares of the exchange traded fund’s stock valued at $322,000 after purchasing an additional 340 shares during the last quarter. Moloney Securities Asset Management LLC grew its stake in shares of iShares Silver Trust by 3.3% in the third quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock valued at $315,000 after buying an additional 356 shares in the last quarter. Columbus Macro LLC grew its position in iShares Silver Trust by 1.8% in the third quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock valued at $588,000 after acquiring an additional 368 shares in the last quarter. AlphaMark Advisors LLC increased its stake in iShares Silver Trust by 57.2% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 372 shares during the period. Finally, Whittier Trust Co. raised its position in shares of iShares Silver Trust by 1.7% in the 2nd quarter. Whittier Trust Co. now owns 23,650 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 394 shares in the last quarter.

iShares Silver Trust Stock Down 2.2 %

NYSEARCA:SLV traded down $0.63 during trading hours on Friday, reaching $28.48. 20,235,195 shares of the stock were exchanged, compared to its average volume of 22,688,418. The firm has a 50 day simple moving average of $28.63 and a 200-day simple moving average of $27.34. iShares Silver Trust has a 52 week low of $20.07 and a 52 week high of $31.80. The stock has a market capitalization of $13.37 billion, a P/E ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

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.