Silverleafe Capital Partners LLC Grows Holdings in iShares Silver Trust $SLV

Silverleafe Capital Partners LLC lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 49.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,877 shares of the exchange traded fund’s stock after purchasing an additional 3,254 shares during the quarter. Silverleafe Capital Partners LLC’s holdings in iShares Silver Trust were worth $324,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Baker Ellis Asset Management LLC acquired a new position in iShares Silver Trust during the second quarter worth $223,000. Apella Capital LLC purchased a new stake in shares of iShares Silver Trust in the 2nd quarter valued at $291,000. First International Bank & Trust acquired a new position in iShares Silver Trust during the 2nd quarter worth about $527,000. Heartwood Wealth Advisors LLC acquired a new position in iShares Silver Trust during the 2nd quarter worth about $200,000. Finally, GK Wealth Management LLC boosted its holdings in iShares Silver Trust by 7.3% during the 2nd quarter. GK Wealth Management LLC now owns 64,931 shares of the exchange traded fund’s stock valued at $2,130,000 after acquiring an additional 4,413 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $38.34 on Monday. The firm has a market capitalization of $20.58 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 1 year low of $26.19 and a 1 year high of $38.45. The firm’s 50-day moving average is $35.10 and its two-hundred day moving average is $32.14.

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.