HUB Investment Partners LLC Takes $1.30 Million Position in iShares Silver Trust $SLV

HUB Investment Partners LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 30,711 shares of the exchange traded fund’s stock, valued at approximately $1,301,000.

A number of other large investors also recently made changes to their positions in the stock. Brighton Jones LLC grew its position in shares of iShares Silver Trust by 9.2% during the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after buying an additional 1,595 shares during the period. Bison Wealth LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $238,000. Capstone Wealth Management Group LLC acquired a new stake in iShares Silver Trust in the 1st quarter valued at about $443,000. Schnieders Capital Management LLC. increased its holdings in shares of iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares Silver Trust by 54.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 701,734 shares of the exchange traded fund’s stock worth $23,024,000 after buying an additional 246,115 shares during the last quarter.

iShares Silver Trust Stock Up 2.2%

Shares of SLV stock opened at $75.94 on Friday. The company has a market capitalization of $41.80 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83. The firm has a 50 day moving average price of $77.54 and a two-hundred day moving average price of $56.85.

About iShares Silver Trust

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.