Koshinski Asset Management Inc. Buys 8,621 Shares of iShares Silver Trust $SLV

Koshinski Asset Management Inc. raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 26.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,866 shares of the exchange traded fund’s stock after acquiring an additional 8,621 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares Silver Trust were worth $1,341,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares Silver Trust in the 1st quarter worth about $25,000. Highline Wealth Partners LLC acquired a new position in iShares Silver Trust in the second quarter valued at about $26,000. Financial Management Professionals Inc. grew its stake in iShares Silver Trust by 37.6% during 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 stake in iShares Silver Trust during the second quarter worth about $38,000. Finally, GAMMA Investing LLC acquired a new stake in shares of iShares Silver Trust during the first quarter worth approximately $42,000.

iShares Silver Trust Price Performance

Shares of SLV opened at $46.99 on Friday. The company has a market capitalization of $26.19 billion, a P/E ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a one year low of $26.19 and a one year high of $49.25. The business’s 50 day simple moving average is $39.29 and its 200-day simple moving average is $34.31.

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.