iShares Silver Trust $SLV Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 45.5% in the 2nd quarter, Holdings Channel reports. The firm owned 619,500 shares of the exchange traded fund’s stock after purchasing an additional 193,805 shares during the period. NewEdge Advisors LLC’s holdings in iShares Silver Trust were worth $19,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of SLV. Prosperity Consulting Group LLC raised its holdings in shares of iShares Silver Trust by 1.5% in the second quarter. Prosperity Consulting Group LLC now owns 20,161 shares of the exchange traded fund’s stock valued at $661,000 after buying an additional 293 shares during the last quarter. Clear Harbor Asset Management LLC increased its position in iShares Silver Trust by 1.0% in the 2nd quarter. Clear Harbor Asset Management LLC now owns 29,760 shares of the exchange traded fund’s stock valued at $976,000 after acquiring an additional 300 shares during the period. Financial Management Professionals Inc. increased its position in iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 302 shares during the period. Revisor Wealth Management LLC raised its stake in iShares Silver Trust by 1.7% during the 2nd quarter. Revisor Wealth Management LLC now owns 18,013 shares of the exchange traded fund’s stock valued at $608,000 after acquiring an additional 306 shares during the last quarter. Finally, Sound View Wealth Advisors Group LLC lifted its position in iShares Silver Trust by 0.7% during the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 48,622 shares of the exchange traded fund’s stock worth $1,595,000 after acquiring an additional 336 shares during the period.

iShares Silver Trust Trading Up 1.6%

Shares of SLV stock opened at $56.07 on Thursday. The company has a market capitalization of $30.21 billion, a P/E ratio of -8.51 and a beta of 0.38. The business’s 50 day moving average is $46.73 and its two-hundred day moving average is $39.07. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $56.22.

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.