Kestra Private Wealth Services LLC increased its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 31.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,060 shares of the exchange traded fund’s stock after acquiring an additional 23,712 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Silver Trust were worth $5,345,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Associated Banc Corp purchased a new position in iShares Silver Trust in the third quarter worth approximately $3,083,000. Integrity Alliance LLC. grew its holdings in iShares Silver Trust by 28.1% during the 3rd quarter. Integrity Alliance LLC. now owns 18,964 shares of the exchange traded fund’s stock worth $1,034,000 after acquiring an additional 4,163 shares in the last quarter. Integrity Advisory Solutions LLC acquired a new position in iShares Silver Trust during the 3rd quarter worth approximately $271,000. Tucker Asset Management LLC increased its position in shares of iShares Silver Trust by 7.7% in the 3rd quarter. Tucker Asset Management LLC now owns 62,513 shares of the exchange traded fund’s stock valued at $3,408,000 after purchasing an additional 4,470 shares during the last quarter. Finally, Signature Equity Partners LLC increased its position in shares of iShares Silver Trust by 49.0% in the 3rd quarter. Signature Equity Partners LLC now owns 5,460 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 1,796 shares during the last quarter.
iShares Silver Trust Trading Down 0.5%
Shares of SLV opened at $46.93 on Friday. iShares Silver Trust has a twelve month low of $43.24 and a twelve month high of $109.83. The firm’s fifty day simple moving average is $54.53 and its 200-day simple moving average is $63.66. The firm has a market capitalization of $25.26 billion, a price-to-earnings ratio of -8.51 and a beta of 0.53.
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. 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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