AlphaCore Capital LLC Takes $218,000 Position in iShares Silver Trust $SLV

AlphaCore Capital LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,656 shares of the exchange traded fund’s stock, valued at approximately $218,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Prosperity Consulting Group LLC raised its holdings in iShares Silver Trust by 1.5% in the 2nd quarter. Prosperity Consulting Group LLC now owns 20,161 shares of the exchange traded fund’s stock valued at $661,000 after acquiring an additional 293 shares in the last quarter. Clear Harbor Asset Management LLC raised its stake in shares of iShares Silver Trust by 1.0% in the second quarter. Clear Harbor Asset Management LLC now owns 29,760 shares of the exchange traded fund’s stock valued at $976,000 after purchasing an additional 300 shares in the last quarter. Financial Management Professionals Inc. raised its stake in shares of 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 purchasing an additional 302 shares in the last quarter. Revisor Wealth Management LLC lifted its position in iShares Silver Trust by 1.7% in the second quarter. Revisor Wealth Management LLC now owns 18,013 shares of the exchange traded fund’s stock worth $608,000 after purchasing an additional 306 shares during the period. Finally, Sound View Wealth Advisors Group LLC boosted its stake in iShares Silver Trust by 0.7% during the second quarter. Sound View Wealth Advisors Group LLC now owns 48,622 shares of the exchange traded fund’s stock worth $1,595,000 after buying an additional 336 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $46.67 on Wednesday. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $49.25. The firm has a market capitalization of $25.14 billion, a PE ratio of -8.51 and a beta of 0.38. The company’s fifty day moving average price is $44.13 and its two-hundred day moving average price is $37.39.

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.