Blue Trust Inc. Boosts Holdings in iShares Silver Trust (NYSEARCA:SLV)

Blue Trust Inc. increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 1.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,184 shares of the exchange traded fund’s stock after buying an additional 688 shares during the quarter. Blue Trust Inc.’s holdings in iShares Silver Trust were worth $1,187,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SLV. Simplicity Wealth LLC purchased a new position in iShares Silver Trust during the first quarter valued at approximately $37,183,000. Pineridge Advisors LLC purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $22,687,000. Yong Rong HK Asset Management Ltd purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $10,890,000. Bleakley Financial Group LLC lifted its holdings in iShares Silver Trust by 27.5% during the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after purchasing an additional 397,836 shares in the last quarter. Finally, Simplicity Solutions LLC lifted its holdings in iShares Silver Trust by 26.2% during the fourth quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after purchasing an additional 383,336 shares in the last quarter.

iShares Silver Trust Stock Up 2.3 %

NYSEARCA:SLV traded up $0.64 during trading hours on Friday, hitting $28.48. 23,018,614 shares of the stock traded hands, compared to its average volume of 24,254,004. iShares Silver Trust has a 1 year low of $18.97 and a 1 year high of $29.56. The company has a market cap of $13.37 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock has a 50 day moving average price of $26.91 and a 200 day moving average price of $23.88.

iShares Silver Trust Company 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.