Blue Trust Inc. Has $1.19 Million Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Blue Trust Inc. lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.3% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 52,184 shares of the exchange traded fund’s stock after buying an additional 688 shares during the quarter. Blue Trust Inc.’s holdings in iShares Silver Trust were worth $1,187,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Transcendent Capital Group LLC acquired a new stake in iShares Silver Trust in the 4th quarter worth about $26,000. VisionPoint Advisory Group LLC bought a new position in iShares Silver Trust in the 3rd quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC bought a new position in iShares Silver Trust in the 4th quarter valued at about $34,000. Tennessee Valley Asset Management Partners bought a new position in iShares Silver Trust in the 4th quarter valued at about $34,000. Finally, BKM Wealth Management LLC bought a new position in iShares Silver Trust in the 4th quarter valued at about $38,000.

iShares Silver Trust Trading Up 2.3 %

SLV stock traded up $0.64 during mid-day trading on Friday, hitting $28.48. The stock had a trading volume of 23,018,614 shares, compared to its average volume of 24,254,004. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56. The firm has a market capitalization of $13.37 billion, a P/E ratio of -7.01 and a beta of 0.43. The firm has a fifty day simple moving average of $26.91 and a 200 day simple moving average of $23.88.

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.