10,079 Shares in iShares Silver Trust (NYSEARCA:SLV) Purchased by King Luther Capital Management Corp

King Luther Capital Management Corp purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,079 shares of the exchange traded fund’s stock, valued at approximately $286,000.

Several other institutional investors have also recently made changes to their positions in the stock. AlphaMark Advisors LLC lifted its stake 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 valued at $27,000 after purchasing an additional 372 shares during the last quarter. Spartan Fund Management Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter valued at approximately $28,000. Triad Wealth Partners LLC bought a new position in shares of iShares Silver Trust during the 2nd quarter worth approximately $29,000. Jamison Private Wealth Management Inc. acquired a new position in shares of iShares Silver Trust in the third quarter valued at $31,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of iShares Silver Trust during the 2nd quarter worth about $32,000.

iShares Silver Trust Trading Up 1.5 %

iShares Silver Trust stock opened at $28.47 on Monday. The company has a market capitalization of $13.36 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s 50 day moving average is $28.99 and its 200-day moving average is $27.62. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $31.80.

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.