Trilogy Capital Inc. bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,435 shares of the exchange traded fund’s stock, valued at approximately $244,000.
Several other hedge funds have also recently modified their holdings of the business. Smallwood Wealth Investment Management LLC bought a new position in shares of iShares Silver Trust during the first quarter valued at approximately $25,000. Highline Wealth Partners LLC purchased a new stake in iShares Silver Trust during the second quarter worth $26,000. Kentucky Trust Co boosted 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 valued at $31,000 after acquiring an additional 650 shares in the last quarter. Trifecta Capital Advisors LLC bought a new stake in iShares Silver Trust during the 1st quarter valued at $31,000. Finally, Financial Management Professionals Inc. increased its holdings in shares of iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 302 shares during the period.
iShares Silver Trust Price Performance
Shares of NYSEARCA SLV opened at $42.53 on Friday. The stock has a market capitalization of $22.83 billion, a P/E ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 1-year low of $26.19 and a 1-year high of $43.59. The business has a fifty day moving average price of $36.74 and a 200 day moving average price of $33.14.
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.
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