iShares Silver Trust $SLV Shares Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC raised its holdings in iShares Silver Trust (NYSEARCA:SLV) by 255.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,230 shares of the exchange traded fund’s stock after purchasing an additional 17,422 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares Silver Trust were worth $1,561,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC purchased a new stake in iShares Silver Trust in the 4th quarter worth approximately $238,000. Capstone Wealth Management Group LLC purchased a new stake in iShares Silver Trust in the 1st quarter worth approximately $443,000. Schnieders Capital Management LLC. grew its stake in shares of iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 1,300 shares during the period. Finally, CW Advisors LLC grew its stake in shares of iShares Silver Trust by 114.3% during the 2nd quarter. CW Advisors LLC now owns 59,927 shares of the exchange traded fund’s stock worth $1,966,000 after purchasing an additional 31,959 shares during the period.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $65.79 on Friday. The company has a 50 day moving average price of $74.57 and a 200-day moving average price of $61.33. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $109.83. The firm has a market cap of $37.24 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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. 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.