Procyon Advisors LLC grew its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,932 shares of the exchange traded fund’s stock after buying an additional 500 shares during the period. Procyon Advisors LLC’s holdings in iShares Silver Trust were worth $556,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new position in iShares Silver Trust in the first quarter worth approximately $25,000. Ameriflex Group Inc. purchased a new position in shares of iShares Silver Trust during the 4th quarter worth $30,000. Vermillion Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth about $31,000. Kentucky Trust Co increased its position in shares of iShares Silver Trust by 185.7% during the 1st quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 650 shares during the last quarter. Finally, Trifecta Capital Advisors LLC purchased a new stake in iShares Silver Trust in the 1st quarter valued at about $31,000.
iShares Silver Trust Price Performance
NYSEARCA SLV opened at $37.99 on Friday. The stock has a market capitalization of $20.39 billion, a P/E ratio of -8.51 and a beta of 0.59. The firm’s 50-day moving average is $35.50 and its two-hundred day moving average is $32.36. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $39.01.
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.
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