9,777 Shares in iShares Silver Trust (NYSEARCA:SLV) Bought by Bulltick Wealth Management LLC

Bulltick Wealth Management LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,777 shares of the exchange traded fund’s stock, valued at approximately $260,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SLV. NWI Management LP raised its position in iShares Silver Trust by 10,526.6% in the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after purchasing an additional 5,263,305 shares in the last quarter. Meitav Investment House Ltd. acquired a new stake in shares of iShares Silver Trust in the 2nd quarter valued at $45,688,000. Cetera Investment Advisers raised its holdings in iShares Silver Trust by 842.7% during the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares during the last quarter. RIA Advisory Group LLC lifted its holdings in iShares Silver Trust by 3,532.2% in the first quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock valued at $16,786,000 after buying an additional 717,540 shares during the period. Finally, Caxton Associates LP acquired a new position in shares of iShares Silver Trust in the 1st quarter valued at $10,506,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $28.41 on Friday. The firm has a 50 day moving average price of $26.44 and a 200 day moving average price of $25.98. The stock has a market cap of $13.33 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $18.97 and a 52-week high of $29.56.

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.