Princeton Global Asset Management LLC Has $59,000 Stock Holdings in iShares Silver Trust $SLV

Princeton Global Asset Management LLC boosted its stake in iShares Silver Trust (NYSEARCA:SLV) by 1,685.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,785 shares of the exchange traded fund’s stock after buying an additional 1,685 shares during the quarter. Princeton Global Asset Management LLC’s holdings in iShares Silver Trust were worth $59,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Schnieders Capital Management LLC increased its stake in shares of iShares Silver Trust by 15.0% in the second quarter. Schnieders Capital Management LLC now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 1,300 shares during the last quarter. FLC Capital Advisors lifted its stake in iShares Silver Trust by 10.0% in the second quarter. FLC Capital Advisors now owns 16,500 shares of the exchange traded fund’s stock valued at $541,000 after acquiring an additional 1,500 shares during the last quarter. Madison Wealth Partners Inc bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at $368,000. Forvis Mazars Wealth Advisors LLC lifted its stake in shares of iShares Silver Trust by 11.6% in the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 14,772 shares of the exchange traded fund’s stock valued at $485,000 after purchasing an additional 1,535 shares during the last quarter. Finally, Manchester Financial Inc. increased its position in iShares Silver Trust by 11.6% during the second quarter. Manchester Financial Inc. now owns 8,010 shares of the exchange traded fund’s stock worth $263,000 after buying an additional 832 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $47.72 on Tuesday. The stock has a market capitalization of $26.59 billion, a P/E ratio of -8.51 and a beta of 0.59. The business has a 50-day moving average of $39.56 and a two-hundred day moving average of $34.49. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $49.25.

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.