Centaurus Financial Inc. Increases Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Centaurus Financial Inc. boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 256.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,482 shares of the exchange traded fund’s stock after acquiring an additional 27,697 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares Silver Trust were worth $838,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SLV. VisionPoint Advisory Group LLC purchased a new position in iShares Silver Trust during the 3rd quarter valued at about $25,000. Asset Dedication LLC raised its position in iShares Silver Trust by 180.5% in the 3rd quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 928 shares in the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in iShares Silver Trust in the 4th quarter valued at about $34,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in iShares Silver Trust in the 4th quarter valued at about $34,000. Finally, BKM Wealth Management LLC acquired a new stake in iShares Silver Trust in the 4th quarter valued at about $38,000.

iShares Silver Trust Stock Performance

SLV stock traded up $0.58 during mid-day trading on Friday, reaching $27.01. The company had a trading volume of 25,973,295 shares, compared to its average volume of 25,210,201. The company has a market capitalization of $12.68 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The firm has a fifty day simple moving average of $26.44 and a 200 day simple moving average of $23.36. iShares Silver Trust has a fifty-two week low of $18.97 and a fifty-two 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.