Wealthcare Capital Partners LLC Buys Shares of 9,118 iShares Silver Trust $SLV

Wealthcare Capital Partners LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,118 shares of the exchange traded fund’s stock, valued at approximately $587,000.

Several other hedge funds have also added to or reduced their stakes in the business. Nexus Investment Management ULC grew its position in shares of iShares Silver Trust by 50.0% in the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 250 shares during the last quarter. Raleigh Capital Management Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at $32,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at about $33,000. Hopwood Financial Services Inc. bought a new position in iShares Silver Trust in the third quarter worth approximately $38,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Silver Trust in the 2nd quarter worth $39,000.

iShares Silver Trust Stock Up 4.4%

Shares of iShares Silver Trust stock opened at $63.44 on Friday. The business has a 50 day moving average price of $76.55 and a 200-day moving average price of $60.18. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The company has a market cap of $34.92 billion, a PE ratio of -8.51 and a beta of 0.38.

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iShares Silver Trust 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.

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

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