Focus Partners Wealth Acquires 615,902 Shares of iShares Silver Trust $SLV

Focus Partners Wealth boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 480.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 744,124 shares of the exchange traded fund’s stock after buying an additional 615,902 shares during the period. Focus Partners Wealth owned approximately 0.14% of iShares Silver Trust worth $47,936,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SLV. Sarver Vrooman Wealth Advisors bought a new stake in iShares Silver Trust during the fourth quarter valued at $30,000. Intesa Sanpaolo Wealth Management bought a new stake in iShares Silver Trust during the fourth quarter worth about $32,000. Rialto Wealth Management LLC bought a new stake in iShares Silver Trust during the fourth quarter worth about $33,000. Sfam LLC bought a new stake in iShares Silver Trust during the fourth quarter worth about $33,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in iShares Silver Trust during the fourth quarter worth about $34,000.

iShares Silver Trust Stock Up 3.6%

Shares of SLV stock opened at $63.47 on Tuesday. The business has a 50-day moving average price of $68.30 and a two-hundred day moving average price of $69.81. iShares Silver Trust has a 12-month low of $32.06 and a 12-month high of $109.83. The firm has a market cap of $35.92 billion, a P/E ratio of -8.51 and a beta of 0.45.

About iShares Silver Trust

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.