iShares Silver Trust $SLV Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC raised its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 26.0% during the third quarter, HoldingsChannel.com reports. The firm owned 65,238 shares of the exchange traded fund’s stock after buying an additional 13,467 shares during the quarter. AE Wealth Management LLC’s holdings in iShares Silver Trust were worth $2,764,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Center for Financial Planning Inc. purchased a new position in shares of iShares Silver Trust in the 2nd quarter valued at $25,000. Addison Advisors LLC acquired a new stake in iShares Silver Trust in the 2nd quarter valued at $31,000. Nexus Investment Management ULC raised its position in iShares Silver Trust by 50.0% in the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 250 shares during the period. Trust Co. of Toledo NA OH acquired a new position in shares of iShares Silver Trust during the second quarter worth about $38,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares Silver Trust in the second quarter worth about $39,000.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Stock Performance

SLV stock opened at $75.44 on Monday. The firm has a market cap of $42.40 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The stock has a 50-day simple moving average of $68.29 and a 200-day simple moving average of $49.92.

About iShares Silver Trust

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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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:SLVFree Report).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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