BLB&B Advisors LLC Buys 1,712 Shares of iShares Silver Trust $SLV

BLB&B Advisors LLC lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 21.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 9,789 shares of the exchange traded fund’s stock after purchasing an additional 1,712 shares during the period. BLB&B Advisors LLC’s holdings in iShares Silver Trust were worth $321,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SLV. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Silver Trust during the second quarter worth $162,217,000. Ameriprise Financial Inc. grew its holdings in shares of iShares Silver Trust by 127.3% during 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 last quarter. LPL Financial LLC grew its holdings in shares of iShares Silver Trust by 13.4% during the first quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock worth $242,725,000 after purchasing an additional 924,353 shares during the last quarter. GLOBALT Investments LLC GA bought a new stake in shares of iShares Silver Trust during the second quarter worth $29,459,000. Finally, Carrhae Capital LLP bought a new stake in shares of iShares Silver Trust during the first quarter worth $17,880,000.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $44.01 on Friday. The stock’s fifty day moving average is $41.19 and its 200-day moving average is $35.42. The stock has a market capitalization of $23.92 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $49.25.

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.