IPG Investment Advisors LLC boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,220 shares of the exchange traded fund’s stock after buying an additional 50 shares during the period. IPG Investment Advisors LLC’s holdings in iShares Silver Trust were worth $302,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the stock. David R. Rahn & Associates Inc. bought a new position in shares of iShares Silver Trust during the second quarter worth $1,256,000. Janney Montgomery Scott LLC raised its position in shares of iShares Silver Trust by 1.9% in the second quarter. Janney Montgomery Scott LLC now owns 100,046 shares of the exchange traded fund’s stock worth $1,572,000 after buying an additional 1,913 shares during the last quarter. Finally, Puplava Financial Services Inc. raised its position in shares of iShares Silver Trust by 4.1% in the second quarter. Puplava Financial Services Inc. now owns 14,485 shares of the exchange traded fund’s stock worth $228,000 after buying an additional 565 shares during the last quarter.
iShares Silver Trust (NYSEARCA SLV) opened at 16.10 on Friday. iShares Silver Trust has a 52 week low of $14.44 and a 52 week high of $19.19. The company has a 50-day moving average of $15.55 and a 200-day moving average of $16.27.
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About iShares Silver Trust
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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