Focus Financial Network Inc. Sells 41,796 Shares of iShares Silver Trust $SLV

Focus Financial Network Inc. cut its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 53.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,262 shares of the exchange traded fund’s stock after selling 41,796 shares during the period. Focus Financial Network Inc.’s holdings in iShares Silver Trust were worth $2,336,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares in the last quarter. Bison Wealth LLC bought a new position in iShares Silver Trust in the fourth quarter valued at about $238,000. Capstone Wealth Management Group LLC acquired a new stake in shares of iShares Silver Trust during the first quarter valued at about $443,000. Schnieders Capital Management LLC. boosted its stake in shares of iShares Silver Trust by 15.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 1,300 shares in the last quarter. Finally, AlphaCore Capital LLC bought a new stake in shares of iShares Silver Trust during the second quarter worth about $218,000.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $65.21 on Thursday. The business has a 50 day moving average of $77.36 and a 200-day moving average of $60.00. The company has a market capitalization of $35.90 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83.

Key Headlines Impacting iShares Silver Trust

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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.

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

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