United Capital Management of KS Inc. Increases Stock Position in iShares Silver Trust (NYSEARCA:SLV)

United Capital Management of KS Inc. boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 10.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,321 shares of the exchange traded fund’s stock after buying an additional 2,038 shares during the quarter. United Capital Management of KS Inc.’s holdings in iShares Silver Trust were worth $561,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SLV. Pettinga Financial Advisors LLC grew its holdings in shares of iShares Silver Trust by 0.6% in the third quarter. Pettinga Financial Advisors LLC now owns 108,860 shares of the exchange traded fund’s stock valued at $3,093,000 after purchasing an additional 658 shares in the last quarter. Assetmark Inc. grew its holdings in shares of iShares Silver Trust by 10.0% in the third quarter. Assetmark Inc. now owns 45,110 shares of the exchange traded fund’s stock valued at $1,282,000 after purchasing an additional 4,102 shares in the last quarter. Atria Investments Inc grew its holdings in shares of iShares Silver Trust by 114.7% in the third quarter. Atria Investments Inc now owns 52,995 shares of the exchange traded fund’s stock valued at $1,506,000 after purchasing an additional 28,312 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in shares of iShares Silver Trust by 38.7% in the third quarter. Apollon Wealth Management LLC now owns 56,241 shares of the exchange traded fund’s stock valued at $1,598,000 after purchasing an additional 15,702 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of iShares Silver Trust by 32.0% in the third quarter. Oppenheimer & Co. Inc. now owns 197,703 shares of the exchange traded fund’s stock valued at $5,617,000 after purchasing an additional 47,905 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $30.71 on Friday. The stock has a market capitalization of $14.66 billion, a P/E ratio of -8.33 and a beta of 0.74. The company has a 50 day moving average price of $28.65 and a 200 day moving average price of $28.32. iShares Silver Trust has a fifty-two week low of $22.29 and a fifty-two week 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.