Wealthcare Capital Partners LLC Purchases New Holdings in iShares Silver Trust $SLV

Wealthcare Capital Partners LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLVFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,118 shares of the exchange traded fund’s stock, valued at approximately $587,000.

A number of other hedge funds also recently made changes to their positions in SLV. Nexus Investment Management ULC boosted its holdings in shares of iShares Silver Trust by 50.0% in the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 250 shares during the last quarter. Raleigh Capital Management Inc. purchased a new stake in iShares Silver Trust during the third quarter worth about $32,000. Rialto Wealth Management LLC bought a new stake in iShares Silver Trust in the fourth quarter worth about $33,000. Hopwood Financial Services Inc. purchased a new position in iShares Silver Trust in the third quarter valued at approximately $38,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Silver Trust during the second quarter valued at $39,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $63.44 on Friday. The business has a fifty day simple moving average of $76.55 and a two-hundred day simple moving average of $60.18. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The company has a market capitalization of $34.92 billion, a P/E ratio of -8.51 and a beta of 0.38.

iShares Silver Trust News Summary

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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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