iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. grew its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 45.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,814 shares of the exchange traded fund’s stock after buying an additional 12,744 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares Silver Trust were worth $1,160,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SLV. Spartan Fund Management Inc. acquired a new position in iShares Silver Trust during the third quarter worth about $28,000. AlphaMark Advisors LLC raised its position in shares of iShares Silver Trust by 57.2% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 372 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in iShares Silver Trust in the 2nd quarter valued at approximately $29,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust during the 3rd quarter valued at $31,000. Finally, Peoples Bank KS increased its position in iShares Silver Trust by 334.5% during the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 970 shares in the last quarter.

iShares Silver Trust Stock Up 1.5 %

Shares of NYSEARCA:SLV opened at $28.47 on Monday. The company has a market capitalization of $13.36 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The stock’s fifty day simple moving average is $28.99 and its 200-day simple moving average is $27.62.

iShares Silver Trust Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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