Massmutual Trust Co. FSB ADV Acquires Shares of 9,500 iShares Silver Trust (NYSEARCA:SLV)

Massmutual Trust Co. FSB ADV purchased a new position in iShares Silver Trust (NYSEARCA:SLV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,500 shares of the exchange traded fund’s stock, valued at approximately $252,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Transcend Capital Advisors LLC purchased a new position in iShares Silver Trust during the 2nd quarter valued at about $624,000. Keynote Financial Services LLC acquired a new position in iShares Silver Trust in the first quarter valued at $351,000. EverSource Wealth Advisors LLC increased its stake in iShares Silver Trust by 43.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 21,223 shares of the exchange traded fund’s stock valued at $510,000 after buying an additional 6,399 shares during the period. Pathway Financial Advisers LLC acquired a new position in iShares Silver Trust during the 1st quarter worth approximately $115,000. Finally, Verity Asset Management Inc. purchased a new stake in shares of iShares Silver Trust during the 1st quarter worth $782,000.

iShares Silver Trust Stock Down 4.5 %

Shares of NYSEARCA:SLV traded down $1.18 during trading on Monday, reaching $24.86. The stock had a trading volume of 36,256,294 shares, compared to its average volume of 23,509,160. The stock has a market cap of $11.67 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $18.97 and a fifty-two week high of $29.56. The business has a fifty day moving average price of $27.15 and a 200-day moving average price of $24.71.

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.