Money Concepts Capital Corp Grows Stock Holdings in iShares Silver Trust $SLV

Money Concepts Capital Corp increased its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 144.4% in the third quarter, HoldingsChannel.com reports. The firm owned 45,530 shares of the exchange traded fund’s stock after acquiring an additional 26,898 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares Silver Trust were worth $1,929,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SLV. Center for Financial Planning Inc. purchased a new stake in iShares Silver Trust during the 2nd quarter worth about $25,000. Addison Advisors LLC purchased a new stake in iShares Silver Trust during the second quarter worth approximately $31,000. Nexus Investment Management ULC lifted its stake in iShares Silver Trust by 50.0% during the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 250 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in iShares Silver Trust in the second quarter valued at approximately $38,000. Finally, Darwin Wealth Management LLC purchased a new position in iShares Silver Trust in the second quarter valued at approximately $39,000.

iShares Silver Trust Trading Down 4.0%

SLV stock opened at $72.44 on Tuesday. The stock has a market cap of $40.71 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $109.83. The company’s 50 day moving average is $68.81 and its two-hundred day moving average is $50.18.

Key Stories Impacting iShares Silver Trust

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iShares Silver Trust Company Profile

(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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