World Investment Advisors LLC raised its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 19.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,324 shares of the exchange traded fund’s stock after acquiring an additional 7,033 shares during the period. World Investment Advisors LLC’s holdings in iShares Silver Trust were worth $1,202,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of SLV. Spartan Fund Management Inc. acquired a new stake in iShares Silver Trust during the third quarter worth $28,000. Jamison Private Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust during the 3rd quarter valued at about $31,000. Peoples Bank KS increased its stake in iShares Silver Trust by 334.5% in the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 970 shares during the period. West Oak Capital LLC lifted its stake in iShares Silver Trust by 102.3% during the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 655 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC acquired a new stake in iShares Silver Trust during the third quarter valued at approximately $40,000.
iShares Silver Trust Trading Down 1.6 %
Shares of SLV opened at $27.75 on Monday. The stock has a market cap of $13.02 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The stock has a 50 day simple moving average of $28.86 and a 200-day simple moving average of $27.67.
About iShares Silver Trust
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.
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