American Institute for Advanced Investment Management LLP Invests $213,000 in iShares Silver Trust (NYSEARCA:SLV)

American Institute for Advanced Investment Management LLP bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,504 shares of the exchange traded fund’s stock, valued at approximately $213,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AlphaMark Advisors LLC increased its holdings in shares of iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 372 shares during the last quarter. Spartan Fund Management Inc. purchased a new position in iShares Silver Trust in the third quarter valued at approximately $28,000. Triad Wealth Partners LLC acquired a new stake in iShares Silver Trust during the second quarter worth approximately $29,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust during the third quarter worth approximately $31,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of iShares Silver Trust during the 2nd quarter worth approximately $32,000.

iShares Silver Trust Trading Up 0.1 %

Shares of NYSEARCA SLV traded up $0.03 during mid-day trading on Thursday, reaching $30.74. The company had a trading volume of 12,927,006 shares, compared to its average volume of 22,682,871. The firm has a 50 day simple moving average of $27.87 and a two-hundred day simple moving average of $27.01. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The stock has a market cap of $14.43 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.