Clear Creek Financial Management LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 34,526 shares of the exchange traded fund’s stock, valued at approximately $1,133,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Smallwood Wealth Investment Management LLC bought a new stake in iShares Silver Trust during the 1st quarter worth $25,000. Highline Wealth Partners LLC bought a new stake in iShares Silver Trust during the 2nd quarter worth $26,000. Kentucky Trust Co grew its position in iShares Silver Trust by 185.7% during the 1st quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 650 shares during the last quarter. Trifecta Capital Advisors LLC bought a new stake in iShares Silver Trust during the 1st quarter worth $31,000. Finally, Financial Management Professionals Inc. grew its position in iShares Silver Trust by 37.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 302 shares during the last quarter.
iShares Silver Trust Stock Up 0.3%
Shares of SLV stock opened at $44.71 on Friday. The firm has a market capitalization of $24.02 billion, a P/E ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $46.35. The stock’s fifty day simple moving average is $37.73 and its 200 day simple moving average is $33.61.
iShares Silver Trust 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.
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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).
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