Leigh Baldwin & CO. LLC Takes Position in iShares Silver Trust (NYSEARCA:SLV)

Leigh Baldwin & CO. LLC purchased a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 13,190 shares of the exchange traded fund’s stock, valued at approximately $347,000.

Other institutional investors have also made changes to their positions in the company. McClarren Financial Advisors Inc. lifted its holdings in iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares during the last quarter. Anderson Financial Strategies LLC acquired a new stake in iShares Silver Trust in the 4th quarter worth approximately $26,000. Stonebridge Financial Group LLC acquired a new stake in iShares Silver Trust in the 4th quarter worth approximately $29,000. Ameriflex Group Inc. acquired a new stake in iShares Silver Trust in the 4th quarter worth approximately $30,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in iShares Silver Trust in the 4th quarter worth approximately $31,000.

iShares Silver Trust Stock Performance

SLV opened at $30.45 on Friday. The business has a 50 day moving average price of $29.62 and a 200 day moving average price of $28.78. iShares Silver Trust has a twelve month low of $24.25 and a twelve month high of $31.80. The firm has a market cap of $15.09 billion, a P/E ratio of -8.51 and a beta of 0.61.

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.