PFG Investments LLC Grows Holdings in iShares Silver Trust $SLV

PFG Investments LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 26.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 46,501 shares of the exchange traded fund’s stock after purchasing an additional 9,740 shares during the period. PFG Investments LLC’s holdings in iShares Silver Trust were worth $1,970,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares Silver Trust in the third quarter valued at approximately $832,000. Benjamin Edwards Inc. boosted its position in iShares Silver Trust by 298.4% in the 3rd quarter. Benjamin Edwards Inc. now owns 50,197 shares of the exchange traded fund’s stock valued at $2,127,000 after buying an additional 37,598 shares during the period. Continuum Advisory LLC purchased a new position in iShares Silver Trust in the 3rd quarter valued at approximately $524,000. Eagle Strategies LLC grew its stake in shares of iShares Silver Trust by 728.4% in the third quarter. Eagle Strategies LLC now owns 88,818 shares of the exchange traded fund’s stock worth $3,763,000 after acquiring an additional 78,097 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Silver Trust by 14.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock worth $10,525,000 after acquiring an additional 30,915 shares during the period.

Key Stories Impacting iShares Silver Trust

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iShares Silver Trust Trading Up 6.6%

Shares of NYSEARCA SLV opened at $92.91 on Friday. The stock has a market cap of $53.45 billion, a P/E ratio of -8.51 and a beta of 0.38. The business’s fifty day simple moving average is $63.15 and its 200-day simple moving average is $47.60. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $92.98.

iShares Silver Trust Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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