Journey Advisory Group LLC lessened its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 23,484 shares of the exchange traded fund’s stock after selling 300 shares during the period. Journey Advisory Group LLC’s holdings in iShares Silver Trust were worth $771,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in SLV. Smallwood Wealth Investment Management LLC acquired a new stake in iShares Silver Trust in the first quarter worth about $25,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust during the second quarter worth about $26,000. Financial Management Professionals Inc. lifted its holdings in shares of iShares Silver Trust by 37.6% during the second 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. Trust Co. of Toledo NA OH acquired a new stake in shares of iShares Silver Trust during the second quarter worth about $38,000. Finally, GAMMA Investing LLC acquired a new stake in shares of iShares Silver Trust during the first quarter worth about $42,000.
iShares Silver Trust Stock Up 1.6%
iShares Silver Trust stock opened at $47.72 on Tuesday. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $49.25. The company has a market capitalization of $26.59 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. The stock has a 50-day moving average price of $39.56 and a 200 day moving average price of $34.49.
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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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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