Global Assets Advisory LLC purchased a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,810 shares of the exchange traded fund’s stock, valued at approximately $624,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Prosperity Financial Group Inc. grew its position in iShares Silver Trust by 3.6% during the 4th quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock worth $263,000 after acquiring an additional 349 shares during the last quarter. Banco BTG Pactual S.A. lifted its holdings in iShares Silver Trust by 0.3% during the 4th quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock worth $3,220,000 after buying an additional 350 shares during the period. Kiley Juergens Wealth Management LLC lifted its stake in shares of iShares Silver Trust by 1.9% in the 1st quarter. Kiley Juergens Wealth Management LLC now owns 19,193 shares of the exchange traded fund’s stock valued at $595,000 after purchasing an additional 360 shares during the period. GFS Advisors LLC lifted its stake in shares of iShares Silver Trust by 0.7% in the 1st quarter. GFS Advisors LLC now owns 49,992 shares of the exchange traded fund’s stock valued at $1,549,000 after purchasing an additional 367 shares during the period. Finally, Strategic Investment Solutions Inc. IL lifted its stake in shares of iShares Silver Trust by 1.4% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 30,095 shares of the exchange traded fund’s stock valued at $770,000 after purchasing an additional 413 shares during the period.
iShares Silver Trust Price Performance
Shares of NYSEARCA:SLV opened at $33.01 on Thursday. The company has a market capitalization of $17.45 billion, a price-to-earnings ratio of -8.51 and a beta of 0.56. The business’s 50-day moving average is $30.90 and its 200-day moving average is $29.42. iShares Silver Trust has a 1 year low of $24.25 and a 1 year high of $33.87.
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.
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