B. Riley Wealth Advisors Inc. Decreases Position in iShares Silver Trust (NYSEARCA:SLV)

B. Riley Wealth Advisors Inc. lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 13.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,201 shares of the exchange traded fund’s stock after selling 12,069 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Silver Trust were worth $2,259,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Spartan Fund Management Inc. bought a new position in iShares Silver Trust in the 3rd quarter worth approximately $28,000. Jamison Private Wealth Management Inc. bought a new position in iShares Silver Trust in the 3rd quarter worth approximately $31,000. Strategic Financial Concepts LLC bought a new position in iShares Silver Trust in the 2nd quarter worth approximately $32,000. Key Client Fiduciary Advisors LLC boosted its holdings in iShares Silver Trust by 91.6% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 5,187 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 2,480 shares during the period. Finally, West Oak Capital LLC boosted its holdings in iShares Silver Trust by 102.3% in the 2nd quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 655 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $27.75 on Monday. The firm has a fifty day moving average price of $28.86 and a two-hundred day moving average price of $27.67. iShares Silver Trust has a one year low of $20.07 and a one year high of $31.80. The company has a market cap of $13.02 billion, a price-to-earnings 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.