Life Planning Partners Inc Acquires New Shares in iShares Silver Trust (NYSEARCA:SLV)

Life Planning Partners Inc bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 126,410 shares of the exchange traded fund’s stock, valued at approximately $3,328,000.

Other institutional investors have also recently bought and sold shares of the company. Prosperity Financial Group Inc. increased its holdings in shares of iShares Silver Trust by 3.6% during the fourth quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock worth $263,000 after buying an additional 349 shares in the last quarter. Banco BTG Pactual S.A. increased its holdings in iShares Silver Trust by 0.3% in the 4th quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock worth $3,220,000 after purchasing an additional 350 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its position in iShares Silver Trust by 4.3% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock valued at $234,000 after purchasing an additional 364 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in shares of iShares Silver Trust by 4.6% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 372 shares in the last quarter. Finally, Strategic Blueprint LLC grew its holdings in shares of iShares Silver Trust by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after purchasing an additional 392 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $31.00 on Friday. The company has a 50 day simple moving average of $29.36 and a 200 day simple moving average of $28.67. iShares Silver Trust has a 1 year low of $22.63 and a 1 year high of $31.80. The firm has a market cap of $14.83 billion, a PE ratio of -8.87 and a beta of 0.73.

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.