iShares Silver Trust (NYSEARCA:SLV) Shares Gap Up to $26.01

iShares Silver Trust (NYSEARCA:SLV)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $26.01, but opened at $26.80. iShares Silver Trust shares last traded at $26.98, with a volume of 10,846,999 shares.

iShares Silver Trust Stock Performance

The business has a 50 day moving average of $22.29 and a 200 day moving average of $21.58.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SLV. Resurgent Financial Advisors LLC bought a new position in shares of iShares Silver Trust during the 4th quarter valued at about $26,000. Transcendent Capital Group LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $26,000. Covestor Ltd bought a new position in iShares Silver Trust in the first quarter valued at approximately $28,000. VisionPoint Advisory Group LLC acquired a new position in shares of iShares Silver Trust in the third quarter valued at approximately $25,000. Finally, BluePath Capital Management LLC bought a new stake in shares of iShares Silver Trust during the third quarter worth $26,000.

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.