Moors & Cabot Inc. Boosts Stake in iShares Silver Trust $SLV

Moors & Cabot Inc. boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 11.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 50,304 shares of the exchange traded fund’s stock after acquiring an additional 5,147 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares Silver Trust were worth $1,650,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Prosperity Consulting Group LLC increased its position in iShares Silver Trust by 1.5% in the second quarter. Prosperity Consulting Group LLC now owns 20,161 shares of the exchange traded fund’s stock worth $661,000 after buying an additional 293 shares in the last quarter. Clear Harbor Asset Management LLC raised its holdings 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 worth $976,000 after buying an additional 300 shares during the period. Financial Management Professionals Inc. raised its holdings 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 worth $36,000 after buying an additional 302 shares during the period. Revisor Wealth Management LLC raised its holdings in shares of 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 buying an additional 306 shares during the period. Finally, Whittier Trust Co. raised its holdings in shares of iShares Silver Trust by 1.2% in the first quarter. Whittier Trust Co. now owns 30,045 shares of the exchange traded fund’s stock worth $931,000 after buying an additional 361 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $43.65 on Thursday. The business’s 50 day moving average price is $41.69 and its 200-day moving average price is $35.75. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $49.25. The company has a market cap of $23.52 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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.