13,447 Shares in iShares Silver Trust $SLV Purchased by Worth Asset Management LLC

Worth Asset Management LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 3rd quarter, HoldingsChannel reports. The firm bought 13,447 shares of the exchange traded fund’s stock, valued at approximately $570,000.

Several other large investors have also modified their holdings of SLV. Brighton Jones LLC boosted its stake in shares of iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 1,595 shares in the last quarter. Bison Wealth LLC bought a new stake in iShares Silver Trust during the 4th quarter valued at $238,000. Capstone Wealth Management Group LLC bought a new position in shares of iShares Silver Trust in the 1st quarter worth $443,000. Deutsche Bank AG purchased a new stake in shares of iShares Silver Trust during the 1st quarter worth $87,000. Finally, Walleye Capital LLC bought a new stake in iShares Silver Trust during the first quarter valued at about $564,000.

iShares Silver Trust Price Performance

SLV opened at $71.12 on Friday. The business’s 50-day moving average is $50.57 and its two-hundred day moving average is $41.60. iShares Silver Trust has a 1 year low of $26.22 and a 1 year high of $71.23. The firm has a market capitalization of $38.32 billion, a PE ratio of -8.51 and a beta of 0.38.

iShares Silver Trust 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.