79,743 Shares in iShares Silver Trust (NYSEARCA:SLV) Acquired by Proactive Wealth Strategies LLC

Proactive Wealth Strategies LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 79,743 shares of the exchange traded fund’s stock, valued at approximately $2,266,000. iShares Silver Trust comprises 1.3% of Proactive Wealth Strategies LLC’s holdings, making the stock its 27th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust in the 3rd quarter valued at approximately $28,000. AlphaMark Advisors LLC raised its position in iShares Silver Trust by 57.2% in the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after acquiring 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 $29,000. Jamison Private Wealth Management Inc. purchased a new stake in shares of iShares Silver Trust during the 3rd quarter worth $31,000. Finally, Peoples Bank KS boosted its position 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 worth $36,000 after purchasing an additional 970 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $27.97 on Tuesday. The business’s 50 day simple moving average is $28.66 and its 200-day simple moving average is $27.40. The firm has a market capitalization of $13.13 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $31.80.

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.