Mission Wealth Management LP Boosts Holdings in iShares Silver Trust (NYSEARCA:SLV)

Mission Wealth Management LP lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 15.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,985 shares of the exchange traded fund’s stock after purchasing an additional 1,888 shares during the period. Mission Wealth Management LP’s holdings in iShares Silver Trust were worth $368,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. SBI Securities Co. Ltd. bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $3,358,000. Jones Financial Companies Lllp increased its stake in shares of iShares Silver Trust by 59.0% in the 4th quarter. Jones Financial Companies Lllp now owns 139,361 shares of the exchange traded fund’s stock worth $3,669,000 after acquiring an additional 51,688 shares in the last quarter. SRS Capital Advisors Inc. increased its stake in shares of iShares Silver Trust by 292.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 20,751 shares of the exchange traded fund’s stock worth $546,000 after acquiring an additional 15,469 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $53,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of iShares Silver Trust by 671.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,115 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $29.77 on Thursday. The company has a 50-day moving average of $28.21 and a 200 day moving average of $28.20. The firm has a market cap of $14.21 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 1 year low of $21.86 and a 1 year high of $31.80.

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.