AGF Management Ltd. Increases Position in iShares Silver Trust $SLV

AGF Management Ltd. lifted its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 28.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 280,191 shares of the exchange traded fund’s stock after purchasing an additional 61,791 shares during the period. AGF Management Ltd. owned approximately 0.05% of iShares Silver Trust worth $11,872,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SLV. Wealth Enhancement Advisory Services LLC increased its stake in iShares Silver Trust by 14.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock valued at $10,525,000 after purchasing an additional 30,915 shares in the last quarter. Adamsbrown Wealth Consultants LLC purchased a new stake in iShares Silver Trust during the third quarter worth $235,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares Silver Trust in the third quarter valued at $832,000. Benjamin Edwards Inc. increased its position in shares of iShares Silver Trust by 298.4% in the third quarter. Benjamin Edwards Inc. now owns 50,197 shares of the exchange traded fund’s stock valued at $2,127,000 after buying an additional 37,598 shares in the last quarter. Finally, Continuum Advisory LLC acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth $524,000.

iShares Silver Trust Stock Down 4.0%

iShares Silver Trust stock opened at $72.44 on Tuesday. The firm has a market capitalization of $40.71 billion, a PE 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 $109.83. The firm’s 50-day simple moving average is $68.81 and its 200 day simple moving average is $50.18.

More iShares Silver Trust News

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iShares Silver Trust Company 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.

Further Reading

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

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