PFG Investments LLC Grows Position in iShares Silver Trust $SLV

PFG Investments LLC raised its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 26.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,501 shares of the exchange traded fund’s stock after acquiring an additional 9,740 shares during the quarter. PFG Investments LLC’s holdings in iShares Silver Trust were worth $1,970,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of iShares Silver Trust during the 3rd quarter worth $832,000. Benjamin Edwards Inc. increased its holdings in iShares Silver Trust by 298.4% in the third quarter. Benjamin Edwards Inc. now owns 50,197 shares of the exchange traded fund’s stock valued at $2,127,000 after buying an additional 37,598 shares during the last quarter. Continuum Advisory LLC acquired a new stake in iShares Silver Trust in the third quarter valued at $524,000. Eagle Strategies LLC raised its stake in iShares Silver Trust by 728.4% in the third quarter. Eagle Strategies LLC now owns 88,818 shares of the exchange traded fund’s stock valued at $3,763,000 after buying an additional 78,097 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Silver Trust by 14.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock worth $10,525,000 after buying an additional 30,915 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $92.91 on Friday. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $92.98. The stock has a market cap of $53.45 billion, a P/E ratio of -8.51 and a beta of 0.38. The stock has a 50-day simple moving average of $63.15 and a 200-day simple moving average of $47.60.

Key Headlines Impacting iShares Silver Trust

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iShares Silver Trust Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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