Townsquare Capital LLC Has $3.63 Million Stake in iShares Silver Trust (NYSEARCA:SLV)

Townsquare Capital LLC raised its position in iShares Silver Trust (NYSEARCA:SLV) by 4.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,006 shares of the exchange traded fund’s stock after purchasing an additional 4,781 shares during the quarter. Townsquare Capital LLC’s holdings in iShares Silver Trust were worth $3,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SLV. Kiley Juergens Wealth Management LLC raised its holdings in iShares Silver Trust by 1.9% during the first quarter. Kiley Juergens Wealth Management LLC now owns 19,193 shares of the exchange traded fund’s stock worth $595,000 after acquiring an additional 360 shares in the last quarter. Whittier Trust Co. raised its holdings in iShares Silver Trust by 1.2% during the first quarter. Whittier Trust Co. now owns 30,045 shares of the exchange traded fund’s stock worth $931,000 after acquiring an additional 361 shares in the last quarter. GFS Advisors LLC raised its holdings in iShares Silver Trust by 0.7% during the first quarter. GFS Advisors LLC now owns 49,992 shares of the exchange traded fund’s stock worth $1,549,000 after acquiring an additional 367 shares in the last quarter. Strategic Investment Solutions Inc. IL raised its holdings in iShares Silver Trust by 1.4% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 30,095 shares of the exchange traded fund’s stock worth $770,000 after acquiring an additional 413 shares in the last quarter. Finally, PFG Advisors increased its position in iShares Silver Trust by 1.6% during the first quarter. PFG Advisors now owns 28,464 shares of the exchange traded fund’s stock worth $882,000 after buying an additional 439 shares during the last quarter.

iShares Silver Trust Stock Up 0.3%

Shares of NYSEARCA SLV opened at $34.88 on Monday. The business’s 50 day moving average price is $33.63 and its two-hundred day moving average price is $30.95. The company has a market cap of $18.13 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a twelve month low of $24.80 and a twelve month high of $35.91.

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.