U.S. Capital Wealth Advisors LLC Increases Position in iShares Silver Trust $SLV

U.S. Capital Wealth Advisors LLC grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 8.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 131,496 shares of the exchange traded fund’s stock after purchasing an additional 10,211 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $5,571,000 as of its most recent SEC filing.

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

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $60.93 on Friday. iShares Silver Trust has a one year low of $26.22 and a one year high of $61.16. The company’s 50-day moving average is $48.76 and its 200 day moving average is $40.44. The company has a market capitalization of $32.83 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

About iShares Silver Trust

(Free Report)

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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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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