Bogart Wealth LLC grew its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 4.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,493 shares of the exchange traded fund’s stock after acquiring an additional 530 shares during the quarter. Bogart Wealth LLC’s holdings in iShares Silver Trust were worth $377,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of iShares Silver Trust in the 1st quarter worth about $25,000. Highline Wealth Partners LLC bought a new stake in iShares Silver Trust during the 2nd quarter valued at about $26,000. Financial Management Professionals Inc. raised its holdings in iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 302 shares during the last quarter. Trust Co. of Toledo NA OH bought a new position in shares of iShares Silver Trust in the second quarter worth approximately $38,000. Finally, GAMMA Investing LLC bought a new position in shares of iShares Silver Trust in the first quarter worth approximately $42,000.
iShares Silver Trust Stock Up 1.6%
Shares of SLV opened at $47.72 on Tuesday. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $49.25. The company has a market capitalization of $26.59 billion, a P/E ratio of -8.51 and a beta of 0.59. The firm has a 50 day moving average of $39.56 and a 200 day moving average of $34.49.
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.
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