Wealthspan Partners LLC Boosts Stock Position in iShares Silver Trust $SLV

Wealthspan Partners LLC boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,704 shares of the exchange traded fund’s stock after purchasing an additional 394 shares during the quarter. Wealthspan Partners LLC’s holdings in iShares Silver Trust were worth $1,303,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SLV. Smallwood Wealth Investment Management LLC purchased a new stake in iShares Silver Trust during the 1st quarter worth approximately $25,000. Highline Wealth Partners LLC purchased a new stake in iShares Silver Trust during the 2nd quarter worth approximately $26,000. Kentucky Trust Co increased its holdings in iShares Silver Trust by 185.7% during the 1st quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 650 shares during the last quarter. Trifecta Capital Advisors LLC purchased a new stake in iShares Silver Trust during the 1st quarter worth approximately $31,000. Finally, Financial Management Professionals Inc. increased its holdings in iShares Silver Trust by 37.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 302 shares during the last quarter.

iShares Silver Trust Stock Up 3.3%

SLV stock opened at $48.33 on Thursday. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $48.41. The stock’s 50 day moving average is $38.76 and its two-hundred day moving average is $34.05. The company has a market capitalization of $26.45 billion, a PE ratio of -8.51 and a beta of 0.59.

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.