Farther Finance Advisors LLC Acquires 725 Shares of iShares Silver Trust (NYSEARCA:SLV)

Farther Finance Advisors LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,058 shares of the exchange traded fund’s stock after acquiring an additional 725 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Silver Trust were worth $513,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Spartan Fund Management Inc. bought a new position in shares of iShares Silver Trust in the third quarter worth approximately $28,000. AlphaMark Advisors LLC lifted its stake in shares of iShares Silver Trust by 57.2% in the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 372 shares in the last quarter. Triad Wealth Partners LLC bought a new position in shares of iShares Silver Trust in the second quarter worth approximately $29,000. Jamison Private Wealth Management Inc. bought a new position in shares of iShares Silver Trust in the third quarter worth approximately $31,000. Finally, Peoples Bank KS lifted its stake in shares of iShares Silver Trust by 334.5% in 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 Performance

Shares of NYSEARCA SLV opened at $28.44 on Thursday. The firm’s 50 day moving average price is $28.54 and its 200-day moving average price is $27.31. The company has a market cap of $13.35 billion, a PE 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.

iShares Silver Trust 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.