SeaCrest Wealth Management LLC Raises Stake in iShares Silver Trust (NYSEARCA:SLV)

SeaCrest Wealth Management LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 30.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,254 shares of the exchange traded fund’s stock after purchasing an additional 6,156 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares Silver Trust were worth $746,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. NWI Management LP grew its position in iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after buying an additional 5,263,305 shares during the period. Meitav Investment House Ltd. acquired a new stake in shares of iShares Silver Trust in the 2nd quarter worth approximately $45,688,000. Cetera Investment Advisers increased its stake in iShares Silver Trust by 842.7% in the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock valued at $18,581,000 after purchasing an additional 730,121 shares in the last quarter. RIA Advisory Group LLC raised its holdings in iShares Silver Trust by 3,532.2% during the first quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock worth $16,786,000 after purchasing an additional 717,540 shares during the last quarter. Finally, Caxton Associates LP acquired a new position in iShares Silver Trust during the first quarter worth $10,506,000.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $28.92 on Thursday. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $30.07. The firm has a market capitalization of $13.57 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s fifty day moving average is $27.33 and its two-hundred day moving average is $26.78.

iShares Silver Trust Company 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.