Peak Retirement Planning Inc. Takes $639,000 Position in iShares Silver Trust $SLV

Peak Retirement Planning Inc. bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,913 shares of the exchange traded fund’s stock, valued at approximately $639,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SLV. Calton & Associates Inc. lifted its position in iShares Silver Trust by 7.6% during the fourth quarter. Calton & Associates Inc. now owns 24,050 shares of the exchange traded fund’s stock worth $1,549,000 after buying an additional 1,700 shares in the last quarter. Natixis Advisors LLC purchased a new position in iShares Silver Trust during the fourth quarter worth approximately $719,000. Beto Financial Group LLC purchased a new position in iShares Silver Trust during the fourth quarter worth approximately $229,000. Sage Investment Advisers LLC purchased a new position in iShares Silver Trust during the fourth quarter worth approximately $434,000. Finally, Swisher Financial Concepts Inc. lifted its position in iShares Silver Trust by 2.2% during the fourth quarter. Swisher Financial Concepts Inc. now owns 17,583 shares of the exchange traded fund’s stock worth $1,133,000 after buying an additional 378 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $67.99 on Wednesday. iShares Silver Trust has a one year low of $31.07 and a one year high of $109.83. The company has a market cap of $38.48 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The business’s 50 day moving average price is $68.61 and its 200 day moving average price is $68.66.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.