VestGen Investment Management Has $458,000 Stock Position in iShares Silver Trust $SLV

VestGen Investment Management reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 13.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 13,958 shares of the exchange traded fund’s stock after selling 2,100 shares during the period. VestGen Investment Management’s holdings in iShares Silver Trust were worth $458,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SLV. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares Silver Trust during the second quarter worth $162,217,000. Ameriprise Financial Inc. grew its stake in shares of iShares Silver Trust by 127.3% during the first quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock worth $80,514,000 after purchasing an additional 1,460,084 shares during the period. LPL Financial LLC grew its stake in shares of iShares Silver Trust by 13.4% during the first quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock worth $242,725,000 after purchasing an additional 924,353 shares during the period. GLOBALT Investments LLC GA acquired a new stake in shares of iShares Silver Trust during the second quarter worth $29,459,000. Finally, Carrhae Capital LLP acquired a new stake in shares of iShares Silver Trust during the first quarter worth $17,880,000.

iShares Silver Trust Trading Down 0.4%

SLV stock opened at $43.99 on Friday. The business’s 50-day moving average price is $40.31 and its two-hundred day moving average price is $34.91. The firm has a market cap of $24.43 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 $49.25.

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.