Stuart Chaussee & Associates Inc. Invests $49,000 in iShares Silver Trust $SLV

Stuart Chaussee & Associates Inc. bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,485 shares of the exchange traded fund’s stock, valued at approximately $49,000.

Several other hedge funds and other institutional 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 about $162,217,000. Ameriprise Financial Inc. boosted its position in shares of iShares Silver Trust by 127.3% during 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 buying an additional 1,460,084 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares Silver Trust by 13.4% during 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 buying an additional 924,353 shares during the last quarter. GLOBALT Investments LLC GA purchased a new position in shares of iShares Silver Trust during the second quarter valued at approximately $29,459,000. Finally, Carrhae Capital LLP purchased a new position in shares of iShares Silver Trust during the first quarter valued at approximately $17,880,000.

iShares Silver Trust Stock Up 0.7%

Shares of NYSEARCA:SLV opened at $42.70 on Wednesday. The stock has a market cap of $23.40 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12-month low of $26.19 and a 12-month high of $49.25. The business’s 50 day moving average is $40.64 and its 200 day moving average is $35.16.

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.