Curated Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) in the third quarter, HoldingsChannel.com reports. The fund acquired 11,105 shares of the exchange traded fund’s stock, valued at approximately $605,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Purus Wealth Management LLC increased its position in iShares Silver Trust by 2.6% in the third quarter. Purus Wealth Management LLC now owns 8,129 shares of the exchange traded fund’s stock worth $443,000 after buying an additional 203 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of iShares Silver Trust by 4.2% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 15,153 shares of the exchange traded fund’s stock valued at $826,000 after acquiring an additional 609 shares during the period. Howard Financial Services LTD. grew its stake in shares of iShares Silver Trust by 11.5% during the 3rd quarter. Howard Financial Services LTD. now owns 5,491 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 565 shares during the period. Mather Group LLC. grew its stake in shares of iShares Silver Trust by 11.9% during the 3rd quarter. Mather Group LLC. now owns 4,341 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 460 shares during the period. Finally, Columbus Macro LLC grew its stake in shares of iShares Silver Trust by 5.6% during the 3rd quarter. Columbus Macro LLC now owns 33,770 shares of the exchange traded fund’s stock valued at $1,841,000 after acquiring an additional 1,792 shares during the period.
iShares Silver Trust Trading Down 0.8%
iShares Silver Trust stock opened at $51.51 on Friday. The firm has a 50 day moving average of $57.81 and a 200 day moving average of $60.75. The firm has a market capitalization of $27.72 billion, a price-to-earnings ratio of -8.51 and a beta of 0.51. iShares Silver Trust has a 12-month low of $41.70 and a 12-month high of $109.83.
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.
See Also
- Five stocks we like better than iShares Silver Trust
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
