iShares Silver Trust $SLV Shares Bought by CoreCap Advisors LLC

CoreCap Advisors LLC raised its position in iShares Silver Trust (NYSEARCA:SLV) by 302.5% during the second quarter, HoldingsChannel.com reports. The firm owned 142,740 shares of the exchange traded fund’s stock after buying an additional 107,275 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares Silver Trust were worth $7,632,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH acquired a new position in shares of iShares Silver Trust during the 1st quarter valued at $2,762,000. Prime Capital Investment Advisors LLC boosted its position in iShares Silver Trust by 33.1% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after purchasing an additional 9,391 shares during the period. Ameliora Wealth Management Ltd. increased its holdings in iShares Silver Trust by 15.4% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock valued at $5,583,000 after purchasing an additional 11,563 shares in the last quarter. Finer Wealth Management Inc. acquired a new stake in iShares Silver Trust in the 4th quarter valued at $709,000. Finally, Sound Income Strategies LLC increased its holdings in iShares Silver Trust by 268.2% in the 4th quarter. Sound Income Strategies LLC now owns 25,112 shares of the exchange traded fund’s stock valued at $1,618,000 after purchasing an additional 18,291 shares in the last quarter.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $53.84 on Wednesday. The business’s 50-day moving average is $56.89 and its two-hundred day moving average is $67.74. The firm has a market capitalization of $28.76 billion, a PE ratio of -8.51 and a beta of 0.50. iShares Silver Trust has a 12 month low of $33.85 and a 12 month high of $109.83.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.