ETF Report: iShares Silver Trust (ETF) Recorded $-100.56M Redemptions After -1.55% AUM Decrease

ETF Report: iShares Silver Trust (ETF) Recorded $ 100.56M Redemptions After  1.55% AUM Decrease

Today were reported iShares Silver Trust (ETF) (NYSEARCA:SLV)‘s daily net flows. The ETF registered $-100.56M asset outflows for -1.55% decrease, reaching $6367.96M after yestarday’s trading session. The chart of iShares Silver Trust (ETF) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.84% or $0.14 on October 28, hitting $16.87. iShares Silver Trust (ETF) (NYSEARCA:SLV) has risen 15.55% since March 29, 2016 and is uptrending. It has outperformed by 12.07% the S&P500.

The ETF’s YTD performance is 37.98%, the 1 year is 31.22% and the 3 year is -4.51%.

iShares Silver Trust (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. iShares Silver Trust (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Silver for 100.00% of assets.

More notable recent iShares Silver Trust (ETF) (NYSEARCA:SLV) news were published by: Etfdailynews.com which released: “Here’s How Long-Term Silver Prices Can Get to $150/Oz” on October 26, 2016, also Seekingalpha.com with their article: “Will The Fed Lift The iShares Silver Trust ETF?” published on June 13, 2016, Etfdailynews.com published: “Silver ETFs Carry Exceptional Risk” on July 21, 2016. More interesting news about iShares Silver Trust (ETF) (NYSEARCA:SLV) were released by: Etfdailynews.com and their article: “Here’s What Election Years Mean For Silver Prices” published on October 19, 2016 as well as Etfdailynews.com‘s news article titled: “Investor Demand for Silver Coins is Surging in October” with publication date: October 21, 2016.

SLV Company 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. 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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