iShares Silver Trust (NYSEARCA:SLV) Stake Increased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 47.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 37,780 shares of the exchange traded fund’s stock after acquiring an additional 12,147 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Silver Trust were worth $995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in SLV. Alpha Financial Partners LLC boosted its holdings in iShares Silver Trust by 237.9% in the third quarter. Alpha Financial Partners LLC now owns 33,184 shares of the exchange traded fund’s stock worth $943,000 after purchasing an additional 23,364 shares during the period. CX Institutional boosted its holdings in iShares Silver Trust by 161.3% in the third quarter. CX Institutional now owns 23,774 shares of the exchange traded fund’s stock worth $675,000 after purchasing an additional 14,676 shares during the period. NBC Securities Inc. boosted its holdings in iShares Silver Trust by 33.3% in the third quarter. NBC Securities Inc. now owns 7,604 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 1,900 shares during the period. Jamison Private Wealth Management Inc. acquired a new position in shares of iShares Silver Trust during the third quarter valued at $31,000. Finally, SeaCrest Wealth Management LLC boosted its holdings in shares of iShares Silver Trust by 30.6% during the third quarter. SeaCrest Wealth Management LLC now owns 26,254 shares of the exchange traded fund’s stock valued at $746,000 after acquiring an additional 6,156 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV opened at $29.46 on Friday. iShares Silver Trust has a 1 year low of $20.21 and a 1 year high of $31.80. The company has a market cap of $13.83 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The firm has a fifty day moving average of $27.84 and a 200-day moving average of $27.82.

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.