Wealth Advisors of Iowa LLC Takes $224,000 Position in iShares Silver Trust $SLV

Wealth Advisors of Iowa LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLV) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 6,822 shares of the exchange traded fund’s stock, valued at approximately $224,000.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of iShares Silver Trust by 13.4% in the 1st quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock valued at $242,725,000 after buying an additional 924,353 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in iShares Silver Trust in the second quarter valued at about $162,217,000. Meitav Investment House Ltd. increased its position in iShares Silver Trust by 5.4% in the second quarter. Meitav Investment House Ltd. now owns 2,972,600 shares of the exchange traded fund’s stock worth $97,589,000 after purchasing an additional 152,600 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares Silver Trust by 127.3% during the 1st quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock worth $80,514,000 after purchasing an additional 1,460,084 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in iShares Silver Trust by 8.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,105,854 shares of the exchange traded fund’s stock valued at $65,260,000 after purchasing an additional 166,148 shares during the period.

iShares Silver Trust Trading Down 1.4%

Shares of NYSEARCA SLV opened at $45.78 on Friday. iShares Silver Trust has a 1 year low of $26.19 and a 1 year high of $49.25. The firm’s 50-day moving average is $43.67 and its 200-day moving average is $36.94. The firm has a market capitalization of $24.66 billion, a PE ratio of -8.51 and a beta of 0.38.

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.