112,961 Shares in iShares Silver Trust (NYSEARCA:SLV) Acquired by CWA Asset Management Group LLC

CWA Asset Management Group LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to its most recent filing with the SEC. The fund acquired 112,961 shares of the exchange traded fund’s stock, valued at approximately $3,209,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. NWI Management LP lifted its holdings in shares of iShares Silver Trust by 10,526.6% in the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after buying an additional 5,263,305 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in iShares Silver Trust by 1.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock worth $53,294,000 after acquiring an additional 30,116 shares during the period. Meitav Investment House Ltd. purchased a new stake in iShares Silver Trust in the 2nd quarter worth approximately $45,688,000. Raymond James Financial Services Advisors Inc. boosted its holdings in iShares Silver Trust by 17.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock valued at $35,923,000 after purchasing an additional 204,606 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of iShares Silver Trust by 27.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock valued at $31,633,000 after purchasing an additional 259,988 shares in the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $28.48 on Friday. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The stock has a market cap of $13.37 billion, a P/E ratio of -7.01 and a beta of 0.43. The firm’s fifty day moving average price is $28.63 and its 200-day moving average price is $27.36.

iShares Silver Trust Profile

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.