Alpha Cubed Investments LLC Acquires 395 Shares of iShares Silver Trust (NYSEARCA:SLV)

Alpha Cubed Investments LLC increased its stake in iShares Silver Trust (NYSEARCA:SLV) by 5.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,106 shares of the exchange traded fund’s stock after purchasing an additional 395 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares Silver Trust were worth $230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SLV. Transcendent Capital Group LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter worth $26,000. AlphaMark Advisors LLC boosted its holdings in iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 372 shares during the period. Triad Wealth Partners LLC purchased a new stake in iShares Silver Trust in the 2nd quarter worth $29,000. Strategic Financial Concepts LLC bought a new stake in iShares Silver Trust during the second quarter valued at about $32,000. Finally, West Oak Capital LLC lifted its position in shares of iShares Silver Trust by 102.3% in the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 655 shares in the last quarter.

iShares Silver Trust Trading Down 3.2 %

NYSEARCA:SLV opened at $28.00 on Wednesday. The stock has a 50-day moving average price of $26.96 and a 200 day moving average price of $26.56. The stock has a market capitalization of $13.14 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $19.80 and a 12-month high of $30.07.

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.