Mutual Advisors LLC Acquires 6,248 Shares of iShares Silver Trust $SLV

Mutual Advisors LLC lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 177,262 shares of the exchange traded fund’s stock after purchasing an additional 6,248 shares during the period. Mutual Advisors LLC’s holdings in iShares Silver Trust were worth $6,144,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SLV. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Silver Trust during the second quarter worth $162,217,000. Ameriprise Financial Inc. boosted its holdings in iShares Silver Trust by 127.3% in the first quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock valued at $80,514,000 after acquiring an additional 1,460,084 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares Silver Trust by 13.4% in the first quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock valued at $242,725,000 after acquiring an additional 924,353 shares during the last quarter. Carrhae Capital LLP bought a new position in iShares Silver Trust in the first quarter valued at about $17,880,000. Finally, Marks Wealth LLC bought a new position in iShares Silver Trust in the first quarter valued at about $12,726,000.

iShares Silver Trust Stock Up 3.3%

iShares Silver Trust stock opened at $48.33 on Thursday. The business’s 50-day simple moving average is $38.76 and its 200 day simple moving average is $34.05. The stock has a market cap of $26.45 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 12-month low of $26.19 and a 12-month high of $48.41.

About iShares Silver Trust

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.