Silver Oak Securities Incorporated Grows Position in iShares Silver Trust (NYSEARCA:SLV)

by · The Cerbat Gem

Silver Oak Securities Incorporated lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 163.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,043 shares of the exchange traded fund’s stock after purchasing an additional 32,281 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares Silver Trust were worth $1,502,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. AlphaMark Advisors LLC grew its stake in 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 buying an additional 372 shares in the last quarter. Spartan Fund Management Inc. bought a new stake in shares of iShares Silver Trust during the 3rd quarter worth $28,000. Triad Wealth Partners LLC purchased a new position in iShares Silver Trust in the second quarter worth $29,000. Jamison Private Wealth Management Inc. bought a new position in iShares Silver Trust in the third quarter valued at $31,000. Finally, Strategic Financial Concepts LLC purchased a new stake in iShares Silver Trust during the second quarter valued at about $32,000.

iShares Silver Trust Stock Down 0.1 %

Shares of SLV stock opened at $30.68 on Friday. The business has a 50-day moving average price of $27.96 and a two-hundred day moving average price of $27.03. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The firm has a market cap of $14.40 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.

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