Advisory Alpha LLC grew its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 21.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,087 shares of the exchange traded fund’s stock after acquiring an additional 1,574 shares during the period. Advisory Alpha LLC’s holdings in iShares Silver Trust were worth $239,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Eagle Bay Advisors LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth $25,000. Spartan Fund Management Inc. acquired a new stake in iShares Silver Trust during the 3rd quarter worth $28,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust during the 3rd quarter worth $31,000. Peoples Bank KS raised its stake in iShares Silver Trust by 334.5% during the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 970 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC acquired a new stake in iShares Silver Trust during the 3rd quarter worth $40,000.
iShares Silver Trust Price Performance
Shares of NYSEARCA:SLV opened at $27.77 on Friday. The firm has a market capitalization of $13.03 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12 month low of $20.11 and a 12 month high of $31.80. The company’s fifty day moving average price is $27.63 and its 200 day moving average price is $27.68.
About iShares Silver Trust
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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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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