Koshinski Asset Management Inc. Has $1.34 Million Stake in iShares Silver Trust $SLV

Koshinski Asset Management Inc. grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 26.7% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 40,866 shares of the exchange traded fund’s stock after buying an additional 8,621 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares Silver Trust were worth $1,341,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in iShares Silver Trust by 13.4% in the 1st quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock valued at $242,725,000 after acquiring an additional 924,353 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Silver Trust during the second quarter valued at approximately $162,217,000. Meitav Investment House Ltd. raised its stake in shares of iShares Silver Trust by 5.4% in the second quarter. Meitav Investment House Ltd. now owns 2,972,600 shares of the exchange traded fund’s stock valued at $97,589,000 after purchasing an additional 152,600 shares in the last quarter. Ameriprise Financial Inc. lifted its position in iShares Silver Trust by 127.3% in the first quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock worth $80,514,000 after purchasing an additional 1,460,084 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in iShares Silver Trust by 8.6% in the first quarter. Commonwealth Equity Services LLC now owns 2,105,854 shares of the exchange traded fund’s stock worth $65,260,000 after purchasing an additional 166,148 shares during the period.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $46.99 on Friday. The firm has a market capitalization of $26.19 billion, a PE ratio of -8.51 and a beta of 0.59. The company’s fifty day moving average price is $39.29 and its two-hundred day moving average price is $34.31. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $49.25.

iShares Silver Trust Company 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.