Hibernia Wealth Partners LLC boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 100.0% during the second quarter, HoldingsChannel.com reports. The firm owned 25,994 shares of the exchange traded fund’s stock after acquiring an additional 12,997 shares during the period. Hibernia Wealth Partners LLC’s holdings in iShares Silver Trust were worth $853,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in SLV. Center for Financial Planning Inc. acquired a new stake in shares of iShares Silver Trust during the 2nd quarter worth $25,000. Highline Wealth Partners LLC acquired a new stake in iShares Silver Trust during the second quarter worth about $26,000. Addison Advisors LLC acquired a new stake in iShares Silver Trust during the second quarter worth about $31,000. Financial Management Professionals Inc. raised its holdings 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 worth $36,000 after purchasing an additional 302 shares during the period. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth about $38,000.
iShares Silver Trust Stock Performance
Shares of NYSEARCA:SLV opened at $47.42 on Friday. iShares Silver Trust has a 1 year low of $26.19 and a 1 year high of $49.25. The stock has a market capitalization of $25.55 billion, a P/E ratio of -8.51 and a beta of 0.38. The stock has a 50-day simple moving average of $42.81 and a 200-day simple moving average of $36.37.
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.
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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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