Kingsview Wealth Management LLC Has $967,000 Position in iShares Silver Trust (NYSEARCA:SLV)

Kingsview Wealth Management LLC raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Get Rating) by 137.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,229 shares of the exchange traded fund’s stock after buying an additional 32,013 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares Silver Trust were worth $967,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Covestor Ltd acquired a new position in shares of iShares Silver Trust during the 1st quarter worth about $28,000. First National Advisers LLC bought a new position in shares of iShares Silver Trust during the 3rd quarter valued at about $30,000. Horizons Wealth Management bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at about $37,000. HM Payson & Co. lifted its holdings in shares of iShares Silver Trust by 1,724.1% during the 3rd quarter. HM Payson & Co. now owns 2,116 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Wipfli Financial Advisors LLC bought a new position in shares of iShares Silver Trust during the 3rd quarter valued at about $38,000.

iShares Silver Trust Trading Down 0.5 %

NYSEARCA:SLV opened at $19.89 on Wednesday. iShares Silver Trust has a fifty-two week low of $16.19 and a fifty-two week high of $24.16. The business’s 50-day simple moving average is $20.66 and its 200-day simple moving average is $19.59.

iShares Silver Trust Profile

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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.