Walser Wealth Management Company A Ltd Liability Co Acquires New Stake in iShares Silver Trust $SLV

Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 566,366 shares of the exchange traded fund’s stock, valued at approximately $36,485,000. iShares Silver Trust comprises 19.2% of Walser Wealth Management Company A Ltd Liability Co’s holdings, making the stock its 2nd biggest holding. Walser Wealth Management Company A Ltd Liability Co owned about 0.10% of iShares Silver Trust at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. NewEdge Wealth LLC grew its holdings in iShares Silver Trust by 99.6% during the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock valued at $1,885,000 after purchasing an additional 21,551 shares during the period. Ameliora Wealth Management Ltd. raised its stake in shares of iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after buying an additional 11,563 shares during the period. Prime Capital Investment Advisors LLC raised its stake in shares of iShares Silver Trust by 33.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after buying an additional 9,391 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of iShares Silver Trust by 47.8% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock valued at $1,869,000 after buying an additional 9,384 shares in the last quarter. Finally, Clare Market Investments LLC lifted its position in shares of iShares Silver Trust by 24.4% during the 3rd quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock valued at $2,060,000 after buying an additional 9,525 shares in the last quarter.

iShares Silver Trust Trading Down 1.8%

Shares of NYSEARCA:SLV opened at $59.51 on Friday. The stock has a 50 day moving average of $68.01 and a 200 day moving average of $70.06. The company has a market cap of $33.68 billion, a PE ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 12-month low of $32.06 and a 12-month high of $109.83.

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.