Signature Estate & Investment Advisors LLC Invests $284,000 in iShares Silver Trust (NYSEARCA:SLV)

Signature Estate & Investment Advisors LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,691 shares of the exchange traded fund’s stock, valued at approximately $284,000.

Several other hedge funds have also bought and sold shares of the business. AlphaMark Advisors LLC grew its position in iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 372 shares during the period. Durante & Waters LLC lifted its stake in iShares Silver Trust by 4.1% during the 1st quarter. Durante & Waters LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $262,000 after acquiring an additional 450 shares in the last quarter. Professional Financial Advisors LLC lifted its stake in iShares Silver Trust by 1.0% during the 2nd quarter. Professional Financial Advisors LLC now owns 46,511 shares of the exchange traded fund’s stock valued at $1,236,000 after acquiring an additional 477 shares in the last quarter. Tsfg LLC lifted its stake in iShares Silver Trust by 32.4% during the 2nd quarter. Tsfg LLC now owns 1,980 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 485 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its stake in iShares Silver Trust by 13.9% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 4,254 shares of the exchange traded fund’s stock valued at $97,000 after acquiring an additional 520 shares in the last quarter.

iShares Silver Trust Stock Up 0.1 %

NYSEARCA:SLV traded up $0.04 during trading hours on Tuesday, hitting $27.36. 2,369,007 shares of the company traded hands, compared to its average volume of 22,793,299. The firm’s 50-day simple moving average is $26.66 and its 200-day simple moving average is $25.26. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56. The company has a market cap of $12.84 billion, a PE 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.