Total Clarity Wealth Management Inc. lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 33.0% during the second quarter, Holdings Channel.com reports. The firm owned 12,463 shares of the exchange traded fund’s stock after acquiring an additional 3,093 shares during the period. Total Clarity Wealth Management Inc.’s holdings in iShares Silver Trust were worth $409,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC bought a new position in shares of iShares Silver Trust during the 1st quarter worth about $25,000. Highline Wealth Partners LLC bought a new position in iShares Silver Trust in the 2nd quarter valued at about $26,000. Trifecta Capital Advisors LLC bought a new position in iShares Silver Trust in the 1st quarter valued at about $31,000. Kentucky Trust Co lifted its position in iShares Silver Trust by 185.7% in the 1st quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 650 shares in the last quarter. Finally, Financial Management Professionals Inc. lifted its position in iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 302 shares in the last quarter.
iShares Silver Trust Stock Performance
Shares of NYSEARCA SLV opened at $47.26 on Tuesday. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $47.44. The stock has a market cap of $25.77 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. The firm’s 50-day simple moving average is $38.23 and its 200 day simple moving average is $33.86.
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.
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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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