Robertson Stephens Wealth Management LLC Buys 2,962 Shares of iShares Silver Trust $SLV

Robertson Stephens Wealth Management LLC lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 14.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,112 shares of the exchange traded fund’s stock after buying an additional 2,962 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares Silver Trust were worth $758,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. WMG Financial Advisors LLC boosted its stake in shares of iShares Silver Trust by 7.7% in the second quarter. WMG Financial Advisors LLC now owns 11,253 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 800 shares during the period. Coordinated Financial Services Inc. bought a new stake in iShares Silver Trust during the second quarter worth $279,000. Mainstay Capital Management LLC ADV lifted its stake in iShares Silver Trust by 1,824.7% during the second quarter. Mainstay Capital Management LLC ADV now owns 172,801 shares of the exchange traded fund’s stock worth $5,670,000 after purchasing an additional 163,823 shares during the last quarter. Leo Wealth LLC bought a new stake in iShares Silver Trust during the second quarter worth $225,000. Finally, Clear Creek Financial Management LLC bought a new stake in iShares Silver Trust during the second quarter worth $1,133,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $45.43 on Friday. The business has a fifty day moving average price of $37.97 and a two-hundred day moving average price of $33.73. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $46.35. The stock has a market capitalization of $24.41 billion, a PE ratio of -8.51 and a beta of 0.59.

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.