Mission Wealth Management LP Purchases 1,888 Shares of iShares Silver Trust (NYSEARCA:SLV)

Mission Wealth Management LP raised its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 15.6% in the fourth quarter, Holdings Channel reports. The firm owned 13,985 shares of the exchange traded fund’s stock after acquiring an additional 1,888 shares during the quarter. Mission Wealth Management LP’s holdings in iShares Silver Trust were worth $368,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moloney Securities Asset Management LLC grew its stake in shares of iShares Silver Trust by 3.3% in the third quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 356 shares during the period. Riggs Asset Managment Co. Inc. grew its stake in shares of iShares Silver Trust by 4.3% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock worth $234,000 after acquiring an additional 364 shares during the period. Redhawk Wealth Advisors Inc. grew its stake in shares of iShares Silver Trust by 4.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after acquiring an additional 372 shares during the period. Raymond James Trust N.A. grew its stake in shares of iShares Silver Trust by 3.1% in the third quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock worth $366,000 after acquiring an additional 383 shares during the period. Finally, Strategic Blueprint LLC grew its stake in shares of iShares Silver Trust by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 392 shares during the period.

iShares Silver Trust Stock Up 2.7 %

Shares of SLV stock opened at $29.77 on Thursday. The company has a 50 day moving average price of $28.21 and a 200-day moving average price of $28.20. iShares Silver Trust has a 52 week low of $21.86 and a 52 week high of $31.80. The firm has a market capitalization of $14.21 billion, a PE ratio of -8.33 and a beta of 0.74.

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.