Money Concepts Capital Corp boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 34.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,241 shares of the exchange traded fund’s stock after buying an additional 15,711 shares during the period. Money Concepts Capital Corp’s holdings in iShares Silver Trust were worth $3,945,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. TBH Global Asset Management LLC raised its holdings in shares of iShares Silver Trust by 1.5% in the fourth quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 104 shares during the last quarter. Westside Investment Management Inc. raised its holdings in shares of iShares Silver Trust by 23.4% in the fourth quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 130 shares during the last quarter. JNBA Financial Advisors raised its holdings in shares of iShares Silver Trust by 1.2% in the fourth quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 132 shares during the last quarter. Wolff Wiese Magana LLC raised its holdings in shares of iShares Silver Trust by 1.5% in the fourth quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock valued at $651,000 after purchasing an additional 150 shares during the last quarter. Finally, Wesbanco Bank Inc. raised its holdings in shares of iShares Silver Trust by 1.2% in the fourth quarter. Wesbanco Bank Inc. now owns 12,421 shares of the exchange traded fund’s stock valued at $800,000 after purchasing an additional 152 shares during the last quarter.
iShares Silver Trust Price Performance
Shares of SLV stock opened at $78.00 on Tuesday. The firm has a 50-day moving average of $70.12 and a 200-day moving average of $65.87. The company has a market cap of $44.15 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a one year low of $29.09 and a one year high of $109.83.
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. 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.
Further Reading
- Five stocks we like better than iShares Silver Trust
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
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.
