Freestone Capital Holdings LLC Buys Shares of 9,926 iShares Silver Trust (NYSEARCA:SLV)

Freestone Capital Holdings LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,926 shares of the exchange traded fund’s stock, valued at approximately $261,000.

Other institutional investors also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new stake in iShares Silver Trust during the 4th quarter worth $25,000. Key Client Fiduciary Advisors LLC boosted its stake in shares of iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. boosted its stake in shares of iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of iShares Silver Trust during the fourth quarter worth about $29,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of iShares Silver Trust by 671.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 1,115 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $29.59 on Friday. The company has a 50 day simple moving average of $28.32 and a 200 day simple moving average of $28.22. iShares Silver Trust has a 1 year low of $21.97 and a 1 year high of $31.80. The firm has a market cap of $14.13 billion, a PE ratio of -8.33 and a beta of 0.74.

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.