iShares Silver Trust $SLV Shares Acquired by Sound Income Strategies LLC

Sound Income Strategies LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 268.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,112 shares of the exchange traded fund’s stock after acquiring an additional 18,291 shares during the period. Sound Income Strategies LLC’s holdings in iShares Silver Trust were worth $1,618,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Rathbones Group PLC boosted its stake in shares of iShares Silver Trust by 1.1% during the fourth quarter. Rathbones Group PLC now owns 26,415 shares of the exchange traded fund’s stock valued at $1,702,000 after acquiring an additional 285 shares during the last quarter. Access Financial Services Inc. boosted its stake in shares of iShares Silver Trust by 2.4% during the fourth quarter. Access Financial Services Inc. now owns 9,899 shares of the exchange traded fund’s stock valued at $638,000 after acquiring an additional 235 shares during the last quarter. Buffalo Business & Estate Services Ltd. acquired a new stake in shares of iShares Silver Trust during the fourth quarter valued at $335,000. Leo Wealth LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter valued at $494,000. Finally, MBE Wealth Management LLC boosted its stake in shares of iShares Silver Trust by 5.8% during the fourth quarter. MBE Wealth Management LLC now owns 9,618 shares of the exchange traded fund’s stock valued at $620,000 after acquiring an additional 525 shares during the last quarter.

iShares Silver Trust Stock Down 0.2%

SLV opened at $65.94 on Wednesday. The firm has a market cap of $37.32 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 52 week low of $26.96 and a 52 week high of $109.83. The business’s fifty day simple moving average is $73.21 and its 200 day simple moving average is $61.88.

iShares Silver Trust Company Profile

(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.

See Also

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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