Kingsview Wealth Management LLC Has $5.43 Million Stake in iShares Silver Trust $SLV

Kingsview Wealth Management LLC raised its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 14.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 84,291 shares of the exchange traded fund’s stock after purchasing an additional 10,471 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares Silver Trust were worth $5,430,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eaton Financial Holdings Company LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $2,758,000. PSI Advisors LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $257,000. Client First Investment Management LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $6,963,000. Fidelis Capital Partners LLC raised its position in shares of iShares Silver Trust by 147.3% in the 4th quarter. Fidelis Capital Partners LLC now owns 14,521 shares of the exchange traded fund’s stock worth $935,000 after acquiring an additional 8,650 shares in the last quarter. Finally, Royal Palms Capital LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $5,105,000.

iShares Silver Trust Stock Down 0.0%

Shares of SLV stock opened at $68.33 on Friday. The company has a market cap of $38.67 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 52 week low of $29.78 and a 52 week high of $109.83. The firm has a 50 day moving average of $68.57 and a 200-day moving average of $68.36.

iShares Silver Trust News Roundup

Here are the key news stories impacting iShares Silver Trust this week:

About iShares Silver Trust

(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.

Read More

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:SLVFree Report).

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

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.