101,039 Shares in iShares Silver Trust (NYSEARCA:SLV) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 101,039 shares of the exchange traded fund’s stock, valued at approximately $2,660,000.

A number of other large investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $25,000. Spartan Fund Management Inc. purchased a new stake in iShares Silver Trust during the third quarter valued at approximately $28,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at approximately $31,000. Hantz Financial Services Inc. purchased a new position in iShares Silver Trust in the fourth quarter worth $35,000. Finally, Belmont Capital LLC increased its position in shares of iShares Silver Trust by 53.6% during the third quarter. Belmont Capital LLC now owns 1,501 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 524 shares in the last quarter.

iShares Silver Trust Trading Down 1.2 %

Shares of SLV opened at $29.03 on Monday. The firm has a market cap of $13.63 billion, a PE 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 stock has a fifty day moving average price of $27.77 and a 200-day moving average price of $27.75.

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.