Biltmore Family Office LLC Buys 10,000 Shares of iShares Silver Trust $SLV

Biltmore Family Office LLC boosted its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 66.7% during the 3rd quarter, Holdings Channel reports. The firm owned 25,000 shares of the exchange traded fund’s stock after buying an additional 10,000 shares during the quarter. Biltmore Family Office LLC’s holdings in iShares Silver Trust were worth $1,059,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Oxbow Advisors LLC increased its holdings in shares of iShares Silver Trust by 41.2% in the third quarter. Oxbow Advisors LLC now owns 283,872 shares of the exchange traded fund’s stock worth $12,028,000 after purchasing an additional 82,780 shares during the last quarter. Blackhawk Capital Partners LLC purchased a new position in iShares Silver Trust during the 3rd quarter valued at approximately $236,000. Acorn Wealth Advisors LLC grew its holdings in iShares Silver Trust by 16.4% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 32,637 shares of the exchange traded fund’s stock valued at $1,383,000 after buying an additional 4,606 shares in the last quarter. PFG Investments LLC increased its stake in iShares Silver Trust by 26.5% in the 3rd quarter. PFG Investments LLC now owns 46,501 shares of the exchange traded fund’s stock worth $1,970,000 after acquiring an additional 9,740 shares during the last quarter. Finally, Westfuller Advisors LLC bought a new stake in iShares Silver Trust in the 3rd quarter worth approximately $149,000.

Key Headlines Impacting iShares Silver Trust

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iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $92.91 on Friday. The company has a market capitalization of $53.45 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a one year low of $26.57 and a one year high of $92.98. The stock has a 50 day moving average price of $63.15 and a 200-day moving average price of $47.60.

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. 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.

See Also

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

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

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