LifeWealth Investments LLC Grows Holdings in iShares Silver Trust $SLV

LifeWealth Investments LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 16.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,724 shares of the exchange traded fund’s stock after purchasing an additional 12,534 shares during the quarter. iShares Silver Trust comprises 1.0% of LifeWealth Investments LLC’s investment portfolio, making the stock its 24th largest holding. LifeWealth Investments LLC’s holdings in iShares Silver Trust were worth $2,944,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC purchased a new stake in iShares Silver Trust in the 1st quarter valued at $25,000. Highline Wealth Partners LLC purchased a new stake in iShares Silver Trust in the 2nd quarter valued at $26,000. Financial Management Professionals Inc. raised its position in 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 during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in iShares Silver Trust in the 2nd quarter valued at $38,000. Finally, GAMMA Investing LLC purchased a new stake in iShares Silver Trust in the 1st quarter valued at $42,000.

iShares Silver Trust Stock Performance

Shares of SLV opened at $43.88 on Thursday. The stock has a market capitalization of $23.97 billion, a P/E ratio of -8.51 and a beta of 0.59. The company’s fifty day moving average is $39.93 and its two-hundred day moving average is $34.62. iShares Silver Trust has a 1 year low of $26.19 and a 1 year high of $49.25.

iShares Silver Trust Company 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.