StoneX Group Inc. Has $724,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

StoneX Group Inc. raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 40.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,494 shares of the exchange traded fund’s stock after acquiring an additional 7,380 shares during the period. StoneX Group Inc.’s holdings in iShares Silver Trust were worth $724,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SLV. AlphaMark Advisors LLC lifted its holdings in shares of iShares Silver Trust by 57.2% in the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 372 shares during the last quarter. Spartan Fund Management Inc. bought a new stake in shares of iShares Silver Trust during the third quarter worth about $28,000. Triad Wealth Partners LLC acquired a new position in shares of iShares Silver Trust in the second quarter valued at approximately $29,000. Jamison Private Wealth Management Inc. bought a new position in iShares Silver Trust in the 3rd quarter valued at approximately $31,000. Finally, Strategic Financial Concepts LLC bought a new position in iShares Silver Trust in the 2nd quarter valued at approximately $32,000.

iShares Silver Trust Price Performance

SLV opened at $28.47 on Monday. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The company’s 50 day moving average price is $28.99 and its two-hundred day moving average price is $27.62. The firm has a market capitalization of $13.36 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

iShares Silver Trust 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.