iShares Silver Trust $SLV Shares Purchased by Ignite Planners LLC

Ignite Planners LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 2.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,782 shares of the exchange traded fund’s stock after buying an additional 417 shares during the period. Ignite Planners LLC’s holdings in iShares Silver Trust were worth $546,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Morton Capital Management LLC CA purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth about $371,000. Valmark Advisers Inc. purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth about $342,000. WESPAC Advisors LLC raised its holdings in shares of iShares Silver Trust by 4.0% in the 2nd quarter. WESPAC Advisors LLC now owns 30,643 shares of the exchange traded fund’s stock worth $1,005,000 after purchasing an additional 1,189 shares during the period. Lansing Street Advisors purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth about $796,000. Finally, RMG Wealth Management LLC purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth about $65,000.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $44.56 on Thursday. The stock’s 50-day moving average is $37.50 and its 200-day moving average is $33.50. The company has a market cap of $24.75 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $45.01.

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.