Sigma Planning Corp Has $4.99 Million Holdings in iShares Silver Trust $SLV

Sigma Planning Corp raised its holdings in iShares Silver Trust (NYSEARCA:SLV) by 41.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 152,007 shares of the exchange traded fund’s stock after acquiring an additional 44,801 shares during the quarter. Sigma Planning Corp’s holdings in iShares Silver Trust were worth $4,987,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SLV. Center for Financial Planning Inc. acquired a new position in iShares Silver Trust in the second quarter valued at approximately $25,000. Highline Wealth Partners LLC acquired a new position in iShares Silver Trust in the second quarter valued at approximately $26,000. Financial Management Professionals Inc. lifted its stake in iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 302 shares during the period. Trust Co. of Toledo NA OH acquired a new position in iShares Silver Trust in the second quarter valued at approximately $38,000. Finally, GAMMA Investing LLC acquired a new position in iShares Silver Trust in the first quarter valued at approximately $42,000.

iShares Silver Trust Stock Performance

Shares of SLV opened at $43.76 on Tuesday. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $49.25. The business’s 50 day moving average price is $41.36 and its two-hundred day moving average price is $35.60. The firm has a market cap of $23.58 billion, a PE ratio of -8.51 and a beta of 0.38.

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.