CoreCap Advisors LLC Acquires 46,261 Shares of iShares Silver Trust $SLV

CoreCap Advisors LLC raised its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 98.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 93,104 shares of the exchange traded fund’s stock after purchasing an additional 46,261 shares during the period. CoreCap Advisors LLC’s holdings in iShares Silver Trust were worth $3,945,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in iShares Silver Trust in the 3rd quarter worth approximately $832,000. Apella Capital LLC purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth $291,000. Continuum Advisory LLC bought a new stake in shares of iShares Silver Trust in the third quarter worth $524,000. Eagle Strategies LLC increased its position in iShares Silver Trust by 728.4% during the third quarter. Eagle Strategies LLC now owns 88,818 shares of the exchange traded fund’s stock valued at $3,763,000 after acquiring an additional 78,097 shares during the last quarter. Finally, Merit Financial Group LLC lifted its holdings in iShares Silver Trust by 31.3% in the third quarter. Merit Financial Group LLC now owns 37,010 shares of the exchange traded fund’s stock valued at $1,568,000 after acquiring an additional 8,813 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $70.96 on Thursday. The stock’s 50-day simple moving average is $54.40 and its two-hundred day simple moving average is $43.54. The stock has a market capitalization of $41.37 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 52-week low of $26.57 and a 52-week high of $73.84.

iShares Silver Trust News Summary

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iShares Silver Trust Profile

(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.

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

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