LLBH Private Wealth Management LLC maintained its stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the second quarter, Holdings Channel reports. The fund owned 34,500 shares of the exchange traded fund’s stock at the end of the second quarter. LLBH Private Wealth Management LLC’s holdings in iShares Silver Trust were worth $542,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the company. David R. Rahn & Associates Inc. bought a new position in iShares Silver Trust during the second quarter worth $1,256,000. HL Financial Services LLC bought a new position in iShares Silver Trust during the second quarter worth $1,046,000. Pinnacle Financial Partners Inc. bought a new position in iShares Silver Trust during the second quarter worth $560,000. Lucas Capital Management raised its position in iShares Silver Trust by 38.5% in the second quarter. Lucas Capital Management now owns 49,779 shares of the exchange traded fund’s stock worth $782,000 after buying an additional 13,839 shares during the period. Finally, Cadinha & Co. LLC raised its position in iShares Silver Trust by 85.7% in the second quarter. Cadinha & Co. LLC now owns 26,010 shares of the exchange traded fund’s stock worth $409,000 after buying an additional 12,000 shares during the period.

iShares Silver Trust (NYSEARCA SLV) opened at 16.13 on Tuesday. The firm’s 50-day moving average price is $15.52 and its 200-day moving average price is $16.27. iShares Silver Trust has a 1-year low of $14.44 and a 1-year high of $19.19.

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About iShares Silver Trust

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

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