Sovereign Financial Group Inc. purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 14,292 shares of the exchange traded fund’s stock, valued at approximately $325,000.
A number of other large investors also recently modified their holdings of SLV. Dynamic Advisor Solutions LLC increased its position in shares of iShares Silver Trust by 5.1% in the first quarter. Dynamic Advisor Solutions LLC now owns 153,534 shares of the exchange traded fund’s stock valued at $3,493,000 after acquiring an additional 7,409 shares during the last quarter. Financial Designs Corp acquired a new position in shares of iShares Silver Trust during the 1st quarter worth approximately $256,000. Global Assets Advisory LLC acquired a new position in shares of iShares Silver Trust during the 1st quarter worth approximately $4,593,000. International Assets Investment Management LLC raised its stake in shares of iShares Silver Trust by 6.1% during the 1st quarter. International Assets Investment Management LLC now owns 11,528 shares of the exchange traded fund’s stock worth $264,000 after purchasing an additional 659 shares in the last quarter. Finally, RFG Advisory LLC acquired a new stake in shares of iShares Silver Trust in the 1st quarter valued at approximately $1,362,000.
iShares Silver Trust Trading Up 0.5 %
NYSEARCA:SLV opened at $26.45 on Friday. The stock has a market capitalization of $12.41 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56. The firm has a fifty day simple moving average of $26.64 and a 200 day simple moving average of $23.64.
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.
Featured Stories
- Five stocks we like better than iShares Silver Trust
- Best Aerospace Stocks Investing
- BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Progress Software Stock Back in the Green After Beating Forecasts
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Goldman Sachs Raises Stock Target for Affirm: Key Insights
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.