NBC Securities Inc. Raises Holdings in iShares Silver Trust (NYSEARCA:SLV)

NBC Securities Inc. increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 33.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,604 shares of the exchange traded fund’s stock after buying an additional 1,900 shares during the period. NBC Securities Inc.’s holdings in iShares Silver Trust were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. AlphaMark Advisors LLC boosted its holdings in shares of 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 valued at $27,000 after buying an additional 372 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in iShares Silver Trust in the second quarter valued at approximately $29,000. Strategic Financial Concepts LLC purchased a new position in iShares Silver Trust in the second quarter worth $32,000. West Oak Capital LLC increased its position in shares of iShares Silver Trust by 102.3% during the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 655 shares in the last quarter. Finally, Peoples Bank KS lifted its holdings in shares of iShares Silver Trust by 334.5% during the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 970 shares during the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $30.64 on Friday. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $30.72. The business has a fifty day moving average price of $27.52 and a 200-day moving average price of $26.87. The stock has a market capitalization of $14.38 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.