iShares Silver Trust $SLV Holdings Increased by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 1,163.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 4,762 shares of the exchange traded fund’s stock after buying an additional 4,385 shares during the quarter. Strengthening Families & Communities LLC’s holdings in iShares Silver Trust were worth $148,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares Silver Trust in the 1st quarter worth $25,000. Highline Wealth Partners LLC bought a new stake in iShares Silver Trust in the second quarter worth about $26,000. Trifecta Capital Advisors LLC bought a new stake in iShares Silver Trust in the first quarter worth about $31,000. Kentucky Trust Co raised its position in iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 650 shares in the last quarter. Finally, Financial Management Professionals Inc. raised its holdings in shares of iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 302 shares in the last quarter.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $45.43 on Friday. The company’s 50 day simple moving average is $37.97 and its 200 day simple moving average is $33.71. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $46.35. The company has a market capitalization of $24.41 billion, a P/E ratio of -8.51 and a beta of 0.59.

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.