Wealthcare Advisory Partners LLC increased its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 23.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,933 shares of the exchange traded fund’s stock after purchasing an additional 6,732 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares Silver Trust were worth $795,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Transcendent Capital Group LLC bought a new position in iShares Silver Trust during the 4th quarter valued at about $26,000. VisionPoint Advisory Group LLC bought a new position in iShares Silver Trust during the 3rd quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC bought a new position in iShares Silver Trust during the 4th quarter valued at about $34,000. Tennessee Valley Asset Management Partners bought a new position in iShares Silver Trust during the 4th quarter valued at about $34,000. Finally, BKM Wealth Management LLC bought a new position in iShares Silver Trust during the 4th quarter valued at about $38,000.
iShares Silver Trust Stock Performance
SLV opened at $26.57 on Friday. The stock has a market capitalization of $12.47 billion, a P/E ratio of -7.01 and a beta of 0.43. The company’s 50-day simple moving average is $26.65 and its two-hundred day simple moving average is $23.67. iShares Silver Trust has a 52-week low of $18.97 and a 52-week high of $29.56.
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.
Recommended Stories
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.