iShares Silver Trust $SLV Shares Bought by Wealthstar Advisors LLC

Wealthstar Advisors LLC grew its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 197.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,556 shares of the exchange traded fund’s stock after buying an additional 10,319 shares during the quarter. Wealthstar Advisors LLC’s holdings in iShares Silver Trust were worth $1,060,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH purchased a new stake in shares of iShares Silver Trust in the first quarter valued at approximately $2,762,000. Ameliora Wealth Management Ltd. raised its position in iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after acquiring an additional 11,563 shares in the last quarter. Prime Capital Investment Advisors LLC raised its position in iShares Silver Trust by 33.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after acquiring an additional 9,391 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in iShares Silver Trust by 47.8% in the fourth 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 acquiring an additional 9,384 shares in the last quarter. Finally, Finer Wealth Management Inc. acquired a new stake in iShares Silver Trust in the fourth quarter valued at $709,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $55.02 on Friday. The firm has a market capitalization of $29.39 billion, a P/E ratio of -8.51 and a beta of 0.50. iShares Silver Trust has a one year low of $32.96 and a one year high of $109.83. The company’s fifty day moving average is $64.58 and its two-hundred day moving average is $69.99.

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.