Daymark Wealth Partners LLC Boosts Holdings in iShares Silver Trust $SLV

Daymark Wealth Partners LLC raised its holdings in iShares Silver Trust (NYSEARCA:SLV) by 23.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,058 shares of the exchange traded fund’s stock after buying an additional 1,537 shares during the quarter. Daymark Wealth Partners LLC’s holdings in iShares Silver Trust were worth $264,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Highline Wealth Partners LLC acquired a new position in shares of iShares Silver Trust in the 2nd quarter valued at about $26,000. Financial Management Professionals Inc. lifted its stake in shares of iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 302 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new position in shares of iShares Silver Trust in the 2nd quarter valued at about $38,000. GAMMA Investing LLC acquired a new position in shares of iShares Silver Trust in the 1st quarter valued at about $42,000. Finally, Stuart Chaussee & Associates Inc. acquired a new position in shares of iShares Silver Trust in the 2nd quarter valued at about $49,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $44.01 on Friday. The firm has a market capitalization of $23.92 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1-year low of $26.19 and a 1-year high of $49.25. The business’s 50-day simple moving average is $41.19 and its 200-day simple moving average is $35.42.

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.