iShares Silver Trust (NYSEARCA:SLV) Shares Bought by MONECO Advisors LLC

MONECO Advisors LLC raised its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 6.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,655 shares of the exchange traded fund’s stock after purchasing an additional 6,275 shares during the period. MONECO Advisors LLC’s holdings in iShares Silver Trust were worth $2,916,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kiley Juergens Wealth Management LLC increased its position in iShares Silver Trust by 5.5% during the 1st quarter. Kiley Juergens Wealth Management LLC now owns 18,688 shares of the exchange traded fund’s stock valued at $425,000 after buying an additional 970 shares in the last quarter. JTC Employer Solutions Trustee Ltd purchased a new position in shares of iShares Silver Trust in the 1st quarter valued at approximately $73,000. Norden Group LLC acquired a new stake in iShares Silver Trust in the 1st quarter worth approximately $214,000. Cornerstone Wealth Management LLC boosted its stake in iShares Silver Trust by 5.9% in the 1st quarter. Cornerstone Wealth Management LLC now owns 39,203 shares of the exchange traded fund’s stock worth $892,000 after purchasing an additional 2,179 shares in the last quarter. Finally, Horizon Bancorp Inc. IN grew its position in iShares Silver Trust by 12.0% during the 1st quarter. Horizon Bancorp Inc. IN now owns 7,556 shares of the exchange traded fund’s stock worth $172,000 after purchasing an additional 808 shares during the last quarter.

iShares Silver Trust Trading Up 1.5 %

Shares of NYSEARCA SLV traded up $0.47 during midday trading on Tuesday, reaching $31.20. The company had a trading volume of 2,394,265 shares, compared to its average volume of 22,618,203. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The business’s 50-day simple moving average is $28.13 and its 200 day simple moving average is $27.12. The stock has a market cap of $14.64 billion, a P/E 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.