China Universal Asset Management Co. Ltd. Acquires 55,000 Shares of iShares Silver Trust $SLV

China Universal Asset Management Co. Ltd. boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 482.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,400 shares of the exchange traded fund’s stock after purchasing an additional 55,000 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in iShares Silver Trust were worth $2,179,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SLV. Prosperity Consulting Group LLC lifted its position in shares of iShares Silver Trust by 1.5% during the 2nd quarter. Prosperity Consulting Group LLC now owns 20,161 shares of the exchange traded fund’s stock worth $661,000 after buying an additional 293 shares during the period. Clear Harbor Asset Management LLC lifted its holdings in shares of iShares Silver Trust by 1.0% during the second quarter. Clear Harbor Asset Management LLC now owns 29,760 shares of the exchange traded fund’s stock valued at $976,000 after acquiring an additional 300 shares during the period. Financial Management Professionals Inc. boosted its stake in shares of iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 302 shares in the last quarter. Revisor Wealth Management LLC increased its position in shares of iShares Silver Trust by 1.7% during the 2nd quarter. Revisor Wealth Management LLC now owns 18,013 shares of the exchange traded fund’s stock worth $608,000 after purchasing an additional 306 shares in the last quarter. Finally, Hollencrest Capital Management increased its position in shares of iShares Silver Trust by 5.3% during the 2nd quarter. Hollencrest Capital Management now owns 6,173 shares of the exchange traded fund’s stock worth $203,000 after purchasing an additional 313 shares in the last quarter.

iShares Silver Trust Stock Down 2.6%

NYSEARCA:SLV opened at $56.10 on Friday. The firm has a market cap of $30.22 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $58.56. The company’s 50-day moving average price is $47.28 and its two-hundred day moving average price is $39.44.

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.