AE Wealth Management LLC Raises Stock Holdings in iShares Silver Trust $SLV

AE Wealth Management LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 26.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,238 shares of the exchange traded fund’s stock after purchasing an additional 13,467 shares during the quarter. AE Wealth Management LLC’s holdings in iShares Silver Trust were worth $2,764,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. GLOBALT Investments LLC GA acquired a new position in shares of iShares Silver Trust in the second quarter valued at approximately $29,459,000. Guggenheim Capital LLC boosted its position in iShares Silver Trust by 1,557.6% during the second quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock worth $30,006,000 after acquiring an additional 859,355 shares during the last quarter. 1832 Asset Management L.P. purchased a new stake in iShares Silver Trust in the 2nd quarter worth approximately $26,643,000. Yong Rong HK Asset Management Ltd grew its stake in iShares Silver Trust by 299.6% in the 2nd quarter. Yong Rong HK Asset Management Ltd now owns 800,000 shares of the exchange traded fund’s stock worth $26,248,000 after acquiring an additional 599,800 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new position in iShares Silver Trust in the 2nd quarter valued at $17,597,000.

iShares Silver Trust Stock Down 28.5%

Shares of iShares Silver Trust stock opened at $75.44 on Monday. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $109.83. The business’s fifty day moving average is $68.29 and its two-hundred day moving average is $49.92. The firm has a market cap of $42.40 billion, a PE ratio of -8.51 and a beta of 0.38.

Key Stories Impacting iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Company 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.

Read More

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

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.