Rockefeller Capital Management L.P. raised its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 92.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 903,489 shares of the exchange traded fund’s stock after purchasing an additional 434,347 shares during the quarter. Rockefeller Capital Management L.P. owned 0.16% of iShares Silver Trust worth $58,203,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NewEdge Wealth LLC increased its position in shares of iShares Silver Trust by 99.6% in the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock valued at $1,885,000 after buying an additional 21,551 shares in the last quarter. Ameliora Wealth Management Ltd. raised its stake in shares of iShares Silver Trust by 15.4% during the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after buying an additional 11,563 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its position in shares of iShares Silver Trust by 33.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after buying an additional 9,391 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in shares of iShares Silver Trust by 47.8% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock worth $1,869,000 after buying an additional 9,384 shares in the last quarter. Finally, Clare Market Investments LLC grew its stake in iShares Silver Trust by 24.4% in the 3rd quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock valued at $2,060,000 after acquiring an additional 9,525 shares during the last quarter.
iShares Silver Trust Stock Performance
NYSEARCA:SLV opened at $59.51 on Friday. The company has a market capitalization of $33.68 billion, a P/E ratio of -8.51 and a beta of 0.45. The firm has a 50-day moving average price of $67.85 and a two-hundred day moving average price of $69.98. iShares Silver Trust has a twelve month low of $32.06 and a twelve month high of $109.83.
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. 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
- Five stocks we like better than iShares Silver Trust
- 3 Retail Winners Using Cash Flow to Stay Ahead
- 3 Tech ETFs That Could Bounce Back After the AI Selloff
- 3 Penny Stocks Under $5 Backed by Real Revenue Growth
- 3 Non-Pharma Firms That Could Benefit From the GLP-1 Trend
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
