Redhawk Wealth Advisors Inc. Reduces Holdings in iShares Silver Trust (NYSEARCA:SLV)

Redhawk Wealth Advisors Inc. lessened its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 12.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,100 shares of the exchange traded fund’s stock after selling 1,116 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in iShares Silver Trust were worth $230,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. AlphaMark Advisors LLC lifted its holdings 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 purchasing an additional 372 shares in the last quarter. Triad Wealth Partners LLC bought a new position in iShares Silver Trust in the 2nd quarter worth about $29,000. Strategic Financial Concepts LLC bought a new position in iShares Silver Trust in the 2nd quarter worth about $32,000. West Oak Capital LLC increased its stake 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 acquiring an additional 655 shares during the last quarter. Finally, Peoples Bank KS increased its stake in iShares Silver Trust by 334.5% in the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 970 shares during the last quarter.

iShares Silver Trust Stock Up 0.6 %

Shares of NYSEARCA SLV opened at $28.71 on Wednesday. The firm has a market capitalization of $13.48 billion, a P/E ratio of -7.01 and a beta of 0.43. The stock’s 50-day simple moving average is $27.24 and its two-hundred day simple moving average is $26.77. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $30.07.

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.