iShares Silver Trust $SLV Holdings Raised by HBW Advisory Services LLC

HBW Advisory Services LLC grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 88.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 30,120 shares of the exchange traded fund’s stock after acquiring an additional 14,139 shares during the period. HBW Advisory Services LLC’s holdings in iShares Silver Trust were worth $1,276,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SLV. Center for Financial Planning Inc. acquired a new stake in iShares Silver Trust during the second quarter valued at $25,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust during the 2nd quarter valued at about $26,000. Addison Advisors LLC acquired a new stake in shares of iShares Silver Trust during the 2nd quarter valued at about $31,000. Financial Management Professionals Inc. grew its stake in shares of iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 302 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of iShares Silver Trust in the 2nd quarter valued at approximately $38,000.

iShares Silver Trust Stock Performance

Shares of SLV opened at $71.12 on Friday. The firm has a market cap of $38.32 billion, a PE ratio of -8.51 and a beta of 0.38. The firm’s 50 day moving average price is $50.57 and its 200 day moving average price is $41.60. iShares Silver Trust has a twelve month low of $26.22 and a twelve month high of $71.23.

iShares Silver Trust 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.