iShares Silver Trust (NYSEARCA:SLV) Shares Bought by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC raised its holdings in iShares Silver Trust (NYSEARCA:SLV) by 23.2% during the second quarter, Holdings Channel reports. The institutional investor owned 219,548 shares of the exchange traded fund’s stock after buying an additional 41,318 shares during the period. iShares Silver Trust makes up about 0.7% of Flagship Harbor Advisors LLC’s holdings, making the stock its 24th largest position. Flagship Harbor Advisors LLC’s holdings in iShares Silver Trust were worth $3,146,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Squar Milner Financial Services LLC raised its stake in iShares Silver Trust by 100.0% in the first quarter. Squar Milner Financial Services LLC now owns 2,000 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 1,000 shares in the last quarter. Mackey Komara & Dankovich LLC raised its stake in iShares Silver Trust by 99.0% in the first quarter. Mackey Komara & Dankovich LLC now owns 2,078 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 1,034 shares in the last quarter. Weaver Consulting Group purchased a new position in shares of iShares Silver Trust during the first quarter worth about $31,000. Cullen Frost Bankers Inc. purchased a new position in shares of iShares Silver Trust during the first quarter worth about $42,000. Finally, Truvestments Capital LLC purchased a new position in shares of iShares Silver Trust during the first quarter worth about $46,000.

Shares of SLV stock traded down $0.15 during mid-day trading on Wednesday, hitting $15.36. 192,724 shares of the stock were exchanged, compared to its average volume of 9,542,269. The firm’s fifty day moving average price is $14.50. iShares Silver Trust has a 12-month low of $13.11 and a 12-month high of $15.59.

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.

Further Reading: What is a balanced fund?

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV).

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

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