iShares Silver Trust (NYSEARCA:SLV) Shares Acquired by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,166 shares of the exchange traded fund’s stock after buying an additional 1,550 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares Silver Trust were worth $988,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SLV. NWI Management LP grew its stake in shares of iShares Silver Trust by 10,526.6% in the 1st 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 during the last quarter. Meitav Investment House Ltd. acquired a new position in iShares Silver Trust in the second quarter worth approximately $45,688,000. Cetera Investment Advisers grew its position in iShares Silver Trust by 842.7% in the first quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after buying an additional 730,121 shares during the last quarter. RIA Advisory Group LLC increased its holdings in shares of 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 in the last quarter. Finally, Caxton Associates LP acquired a new stake in shares of iShares Silver Trust during the 1st quarter valued at $10,506,000.

iShares Silver Trust Stock Up 1.1 %

Shares of NYSEARCA SLV opened at $28.41 on Monday. The stock’s fifty day simple moving average is $26.44 and its 200 day simple moving average is $26.04. The stock has a market capitalization of $13.33 billion, a price-to-earnings 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.