Eagle Strategies LLC lessened its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 10.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 151,846 shares of the exchange traded fund’s stock after selling 17,088 shares during the quarter. Eagle Strategies LLC’s holdings in iShares Silver Trust were worth $4,035,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Transcendent Capital Group LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter worth approximately $26,000. AlphaMark Advisors LLC lifted its position in shares of iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 372 shares during the period. Triad Wealth Partners LLC purchased a new stake in shares of iShares Silver Trust in the 2nd quarter worth approximately $29,000. Strategic Financial Concepts LLC purchased a new stake in shares of iShares Silver Trust in the 2nd quarter worth approximately $32,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new stake in iShares Silver Trust during the fourth quarter valued at approximately $34,000.
iShares Silver Trust Stock Up 0.7 %
NYSEARCA:SLV opened at $26.12 on Thursday. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56. The firm has a 50 day moving average of $26.49 and a 200 day moving average of $25.68. The stock has a market capitalization of $12.26 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
iShares Silver Trust Company 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.
Further Reading
- Five stocks we like better than iShares Silver Trust
- Stock Market Sectors: What Are They and How Many Are There?
- 3 Key Reasons Why Rocket Companies Stock Will Rally Soon
- The 3 Best Blue-Chip Stocks to Buy Now
- Alnylam Stock Soars 65%: Find Out What’s Behind the Gains
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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.
