iShares Silver Trust $SLV Stock Position Lifted by Vestor Capital LLC

Vestor Capital LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 2,065.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,457 shares of the exchange traded fund’s stock after buying an additional 37,635 shares during the period. Vestor Capital LLC’s holdings in iShares Silver Trust were worth $2,151,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. HighTower Advisors LLC grew its stake in shares of iShares Silver Trust by 7.5% in the second quarter. HighTower Advisors LLC now owns 1,165,149 shares of the exchange traded fund’s stock worth $62,300,000 after acquiring an additional 81,257 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in iShares Silver Trust by 1.3% in the second quarter. NewEdge Advisors LLC now owns 467,435 shares of the exchange traded fund’s stock valued at $24,994,000 after purchasing an additional 6,163 shares during the period. Kestra Advisory Services LLC grew its stake in iShares Silver Trust by 8.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 435,831 shares of the exchange traded fund’s stock worth $23,757,000 after purchasing an additional 34,451 shares in the last quarter. Wealthfront Advisers LLC grew its stake in iShares Silver Trust by 17.9% during the 1st quarter. Wealthfront Advisers LLC now owns 375,833 shares of the exchange traded fund’s stock worth $25,609,000 after purchasing an additional 57,070 shares in the last quarter. Finally, New Harbor Financial Group LLC increased its holdings in iShares Silver Trust by 5.1% during the 3rd quarter. New Harbor Financial Group LLC now owns 373,453 shares of the exchange traded fund’s stock worth $20,357,000 after purchasing an additional 18,239 shares during the period.

iShares Silver Trust Price Performance

SLV stock opened at $48.14 on Tuesday. The firm has a market capitalization of $25.91 billion, a P/E ratio of -8.51 and a beta of 0.53. The business’s 50-day moving average is $53.98 and its two-hundred day moving average is $63.29. iShares Silver Trust has a 1 year low of $44.11 and a 1 year high of $109.83.

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. 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.