iShares Silver Trust $SLV Shares Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 144.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,530 shares of the exchange traded fund’s stock after buying an additional 26,898 shares during the period. Money Concepts Capital Corp’s holdings in iShares Silver Trust were worth $1,929,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SLV. Center for Financial Planning Inc. purchased a new stake in shares of iShares Silver Trust during the second quarter worth $25,000. Addison Advisors LLC purchased a new position in iShares Silver Trust in the second quarter valued at $31,000. Nexus Investment Management ULC grew its stake in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 250 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in iShares Silver Trust during the 2nd quarter worth about $38,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares Silver Trust during the 2nd quarter worth about $39,000.

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iShares Silver Trust Price Performance

SLV stock opened at $72.44 on Tuesday. The business’s 50-day moving average is $68.81 and its two-hundred day moving average is $50.18. The firm has a market capitalization of $40.71 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83.

About iShares Silver Trust

(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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