Inspirion Wealth Advisors LLC Makes New $220,000 Investment in iShares Silver Trust (NYSEARCA:SLV)

Inspirion Wealth Advisors LLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 8,264 shares of the exchange traded fund’s stock, valued at approximately $220,000.

Other hedge funds also recently modified their holdings of the company. Transcendent Capital Group LLC purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $26,000. Tennessee Valley Asset Management Partners acquired a new position in shares of iShares Silver Trust in the fourth quarter worth $34,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of iShares Silver Trust during the fourth quarter worth $34,000. Atwood & Palmer Inc. purchased a new stake in shares of iShares Silver Trust during the second quarter worth $38,000. Finally, OLD Point Trust & Financial Services N A acquired a new stake in iShares Silver Trust during the fourth quarter valued at $42,000.

iShares Silver Trust Trading Down 0.0 %

NYSEARCA SLV traded down $0.01 on Friday, reaching $25.00. The stock had a trading volume of 15,934,047 shares, compared to its average volume of 23,317,611. iShares Silver Trust has a 1 year low of $18.97 and a 1 year high of $29.56. The business has a 50 day moving average price of $26.84 and a 200 day moving average price of $24.80. The company has a market capitalization of $11.73 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.