Main Street Financial Solutions LLC Increases Position in iShares Silver Trust (NYSEARCA:SLV)

Main Street Financial Solutions LLC lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 68,019 shares of the exchange traded fund’s stock after purchasing an additional 1,614 shares during the quarter. Main Street Financial Solutions LLC’s holdings in iShares Silver Trust were worth $1,647,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SLV. Morgan Stanley raised its holdings in shares of iShares Silver Trust by 3.3% during the 1st quarter. Morgan Stanley now owns 13,695,383 shares of the exchange traded fund’s stock worth $310,885,000 after acquiring an additional 435,237 shares during the period. Alberta Investment Management Corp increased its stake in iShares Silver Trust by 330.0% during the first quarter. Alberta Investment Management Corp now owns 4,300,000 shares of the exchange traded fund’s stock worth $97,610,000 after acquiring an additional 3,300,000 shares during the last quarter. Huntington National Bank raised its holdings in iShares Silver Trust by 25.1% in the 2nd quarter. Huntington National Bank now owns 3,905,277 shares of the exchange traded fund’s stock valued at $94,586,000 after buying an additional 782,971 shares during the period. Laurion Capital Management LP purchased a new stake in shares of iShares Silver Trust in the 1st quarter valued at approximately $72,640,000. Finally, Canada Pension Plan Investment Board acquired a new position in shares of iShares Silver Trust in the 1st quarter worth approximately $61,226,000.

Shares of NYSEARCA SLV traded down $0.09 during trading on Wednesday, reaching $22.01. The stock had a trading volume of 1,534,929 shares, compared to its average volume of 29,184,336. The business’s 50-day moving average price is $22.77 and its 200-day moving average price is $23.89. iShares Silver Trust has a fifty-two week low of $20.45 and a fifty-two week high of $27.98.

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: How a Put Option Works

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)

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.