Strategic Financial Concepts LLC purchased a new stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 119,276 shares of the exchange traded fund’s stock, valued at approximately $32,000.
Other institutional investors have also recently made changes to their positions in the company. AlphaMark Advisors LLC grew its position in iShares Silver Trust by 57.2% during the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 372 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in shares of iShares Silver Trust during the second quarter worth about $29,000. Transcendent Capital Group LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth approximately $26,000. West Oak Capital LLC raised its stake in iShares Silver Trust by 102.3% in the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 655 shares in the last quarter. Finally, Atwood & Palmer Inc. purchased a new stake in iShares Silver Trust in the second quarter valued at approximately $38,000.
iShares Silver Trust Price Performance
SLV stock opened at $26.12 on Thursday. The firm has a 50 day simple moving average of $26.49 and a two-hundred day simple moving average of $25.68. The stock has a market cap of $12.26 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $18.97 and a one year 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.
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