Proactive Wealth Strategies LLC purchased a new stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) in the third quarter, HoldingsChannel.com reports. The firm purchased 79,743 shares of the exchange traded fund’s stock, valued at approximately $2,266,000. iShares Silver Trust comprises 1.3% of Proactive Wealth Strategies LLC’s holdings, making the stock its 27th biggest holding.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC lifted its stake in shares of iShares Silver Trust by 57.2% during the second 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 in the last quarter. Spartan Fund Management Inc. purchased a new stake in shares of iShares Silver Trust during the 3rd quarter valued at about $28,000. Triad Wealth Partners LLC acquired a new position in iShares Silver Trust during the 2nd quarter worth approximately $29,000. Jamison Private Wealth Management Inc. purchased a new position in iShares Silver Trust in the 3rd quarter worth approximately $31,000. Finally, Strategic Financial Concepts LLC acquired a new stake in iShares Silver Trust in the second quarter valued at approximately $32,000.
iShares Silver Trust Trading Down 1.8 %
Shares of SLV stock opened at $27.97 on Tuesday. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $31.80. The company has a market capitalization of $13.13 billion, a PE ratio of -7.01 and a beta of 0.43. The firm has a fifty day simple moving average of $28.66 and a 200-day simple moving average of $27.40.
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.
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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).
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