Juncture Wealth Strategies LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,874 shares of the exchange traded fund’s stock, valued at approximately $226,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SLV. Smallwood Wealth Investment Management LLC purchased a new position in iShares Silver Trust during the first quarter valued at approximately $25,000. Ameriflex Group Inc. purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $30,000. Vermillion Wealth Management Inc. purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $31,000. Kentucky Trust Co grew its position in iShares Silver Trust by 185.7% during the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 650 shares in the last quarter. Finally, Trifecta Capital Advisors LLC bought a new stake in iShares Silver Trust in the first quarter worth approximately $31,000.
iShares Silver Trust Stock Up 1.5%
SLV stock opened at $38.34 on Monday. The company has a market capitalization of $20.58 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 $38.45. The firm has a 50 day moving average of $35.10 and a two-hundred day moving average of $32.14.
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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