Wipfli Financial Advisors LLC Makes New Investment in iShares Silver Trust (NYSEARCA:SLV)

Wipfli Financial Advisors LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLVGet Rating) during the third quarter, HoldingsChannel reports. The firm bought 2,150 shares of the exchange traded fund’s stock, valued at approximately $38,000.

Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its holdings in iShares Silver Trust by 1.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 54,200 shares of the exchange traded fund’s stock worth $992,000 after buying an additional 774 shares during the last quarter. Total Clarity Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust during the 2nd quarter worth approximately $58,000. ACG Wealth acquired a new stake in shares of iShares Silver Trust during the 2nd quarter worth approximately $72,000. HM Payson & Co. raised its position in shares of iShares Silver Trust by 1,724.1% during the 3rd quarter. HM Payson & Co. now owns 2,116 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 2,000 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares Silver Trust by 33.6% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,700 shares of the exchange traded fund’s stock worth $2,008,000 after purchasing an additional 27,100 shares during the period.

iShares Silver Trust Trading Down 1.4 %

Shares of iShares Silver Trust stock opened at $22.01 on Wednesday. The business’s 50 day simple moving average is $21.02 and its 200-day simple moving average is $18.94. iShares Silver Trust has a twelve month low of $16.19 and a twelve month high of $24.90.

iShares Silver Trust 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.

Further Reading

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:SLVGet Rating).

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

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.