iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 1.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,476 shares of the exchange traded fund’s stock after acquiring an additional 500 shares during the period. Confluence Wealth Services Inc.’s holdings in iShares Silver Trust were worth $1,022,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. NWI Management LP boosted its holdings in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after acquiring an additional 5,263,305 shares during the period. Meitav Investment House Ltd. acquired a new stake in shares of iShares Silver Trust in the 2nd quarter worth approximately $45,688,000. Simplicity Wealth LLC acquired a new position in shares of iShares Silver Trust during the first quarter valued at approximately $37,183,000. Cetera Investment Advisers lifted its position in iShares Silver Trust by 842.7% in the first quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares during the period. Finally, RIA Advisory Group LLC increased its position in shares of iShares Silver Trust by 3,532.2% during the 1st quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock valued at $16,786,000 after purchasing an additional 717,540 shares during the period.

iShares Silver Trust Trading Down 1.7 %

SLV stock traded down $0.46 on Friday, hitting $26.35. 15,762,114 shares of the company’s stock traded hands, compared to its average volume of 22,670,186. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56. The stock has a fifty day moving average of $26.63 and a 200-day moving average of $25.40. The stock has a market cap of $12.37 billion, a price-to-earnings 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.