Journey Strategic Wealth LLC Purchases 18,450 Shares of iShares Silver Trust $SLV

Journey Strategic Wealth LLC grew its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 51.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,419 shares of the exchange traded fund’s stock after acquiring an additional 18,450 shares during the quarter. Journey Strategic Wealth LLC’s holdings in iShares Silver Trust were worth $1,785,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in SLV. Center for Financial Planning Inc. acquired a new position in iShares Silver Trust during the 2nd quarter valued at about $25,000. Highline Wealth Partners LLC purchased a new stake in iShares Silver Trust in the 2nd quarter valued at $26,000. Addison Advisors LLC bought a new position in iShares Silver Trust during the 2nd quarter valued at $31,000. Financial Management Professionals Inc. boosted its holdings in iShares Silver Trust by 37.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 302 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of iShares Silver Trust in the 2nd quarter worth $38,000.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $45.78 on Friday. The firm has a 50-day moving average of $43.67 and a 200-day moving average of $36.94. iShares Silver Trust has a one year low of $26.19 and a one year high of $49.25. The company has a market cap of $24.66 billion, a P/E ratio of -8.51 and a beta of 0.38.

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.