iShares Silver Trust $SLV Shares Purchased by Kercheville Advisors LLC

Kercheville Advisors LLC boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 18.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 60,700 shares of the exchange traded fund’s stock after purchasing an additional 9,500 shares during the period. Kercheville Advisors LLC’s holdings in iShares Silver Trust were worth $2,572,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Center for Financial Planning Inc. purchased a new position in shares of iShares Silver Trust during the second quarter worth about $25,000. Highline Wealth Partners LLC purchased a new stake in iShares Silver Trust during the 2nd quarter valued at approximately $26,000. Addison Advisors LLC acquired a new stake in iShares Silver Trust during the 2nd quarter worth approximately $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 purchasing an additional 302 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of iShares Silver Trust in the second quarter valued at approximately $38,000.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $65.75 on Monday. The business has a 50 day simple moving average of $52.69 and a 200-day simple moving average of $42.81. iShares Silver Trust has a 12 month low of $26.57 and a 12 month high of $71.22. The stock has a market capitalization of $38.01 billion, a PE ratio of -8.51 and a beta of 0.38.

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.