iShares Silver Trust (NYSEARCA:SLV) Shares Bought by Milestone Asset Management LLC

Milestone Asset Management LLC raised its position in iShares Silver Trust (NYSEARCA:SLV) by 54.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 82,225 shares of the exchange traded fund’s stock after buying an additional 29,126 shares during the period. Milestone Asset Management LLC’s holdings in iShares Silver Trust were worth $2,185,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SLV. NWI Management LP increased its stake in shares of iShares Silver Trust by 10,526.6% in the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after purchasing an additional 5,263,305 shares in the last quarter. Simplicity Wealth LLC acquired a new position in shares of iShares Silver Trust during the 1st quarter worth approximately $37,183,000. Commonwealth Equity Services LLC lifted its position in shares of iShares Silver Trust by 27.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock valued at $34,882,000 after buying an additional 343,004 shares in the last quarter. SG Americas Securities LLC grew its stake in iShares Silver Trust by 32.3% in the 1st quarter. SG Americas Securities LLC now owns 1,574,171 shares of the exchange traded fund’s stock valued at $35,812,000 after acquiring an additional 384,056 shares during the period. Finally, 1832 Asset Management L.P. increased its holdings in iShares Silver Trust by 4.0% in the 1st quarter. 1832 Asset Management L.P. now owns 1,188,015 shares of the exchange traded fund’s stock worth $27,027,000 after acquiring an additional 46,166 shares in the last quarter.

iShares Silver Trust Trading Up 1.5 %

NYSEARCA:SLV traded up $0.41 during trading hours on Monday, reaching $26.84. 20,067,159 shares of the company were exchanged, compared to its average volume of 23,053,219. The stock’s 50-day moving average is $26.66 and its 200-day moving average is $24.99. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $29.56. The firm has a market cap of $12.60 billion, a PE ratio of -7.01 and a beta of 0.43.

iShares Silver Trust 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.