Encompass More Asset Management Purchases 22,158 Shares of iShares Silver Trust $SLV

Encompass More Asset Management boosted its position in iShares Silver Trust (NYSEARCA:SLV) by 33.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 87,798 shares of the exchange traded fund’s stock after buying an additional 22,158 shares during the quarter. Encompass More Asset Management’s holdings in iShares Silver Trust were worth $3,720,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of SLV. Kingstone Capital Partners Texas LLC bought a new position in shares of iShares Silver Trust during the 2nd quarter worth approximately $162,217,000. GLOBALT Investments LLC GA acquired a new position in iShares Silver Trust during the second quarter worth $29,459,000. Guggenheim Capital LLC grew its position in iShares Silver Trust by 1,557.6% in the second quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock valued at $30,006,000 after purchasing an additional 859,355 shares in the last quarter. 1832 Asset Management L.P. acquired a new stake in iShares Silver Trust in the 2nd quarter valued at $26,643,000. Finally, Yong Rong HK Asset Management Ltd lifted its position in iShares Silver Trust by 299.6% during the 2nd quarter. Yong Rong HK Asset Management Ltd now owns 800,000 shares of the exchange traded fund’s stock worth $26,248,000 after buying an additional 599,800 shares in the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $71.12 on Monday. The firm has a 50-day moving average of $50.57 and a 200-day moving average of $41.66. iShares Silver Trust has a one year low of $26.22 and a one year high of $71.23. The company has a market cap of $38.32 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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. 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.