Lansing Street Advisors Buys 9,669 Shares of iShares Silver Trust $SLV

Lansing Street Advisors lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 39.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,916 shares of the exchange traded fund’s stock after acquiring an additional 9,669 shares during the quarter. Lansing Street Advisors’ holdings in iShares Silver Trust were worth $1,437,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. raised its stake in iShares Silver Trust by 2.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 239 shares in the last quarter. Swisher Financial Concepts Inc. raised its stake in iShares Silver Trust by 1.4% in the third quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock valued at $729,000 after buying an additional 240 shares during the last quarter. Nexus Investment Management ULC boosted its holdings in iShares Silver Trust by 50.0% in the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 250 shares in the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of iShares Silver Trust by 0.6% during the third quarter. Silver Oak Securities Incorporated now owns 42,936 shares of the exchange traded fund’s stock valued at $1,819,000 after acquiring an additional 251 shares in the last quarter. Finally, Ironwood Wealth Management LLC. raised its position in shares of iShares Silver Trust by 3.2% in the 3rd quarter. Ironwood Wealth Management LLC. now owns 8,203 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 255 shares during the last quarter.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Stock Up 0.5%

SLV stock opened at $80.45 on Friday. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The stock has a market capitalization of $44.29 billion, a PE ratio of -8.51 and a beta of 0.38. The firm has a 50 day moving average of $76.00 and a 200 day moving average of $54.88.

About iShares Silver Trust

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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