Hyposwiss Advisors SA bought a new stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 22,130 shares of the exchange traded fund’s stock, valued at approximately $1,426,000. iShares Silver Trust accounts for approximately 1.4% of Hyposwiss Advisors SA’s portfolio, making the stock its 26th biggest position.
A number of other institutional investors have also modified their holdings of SLV. NewEdge Wealth LLC grew its position in iShares Silver Trust by 99.6% in the 3rd quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock valued at $1,885,000 after buying an additional 21,551 shares during the last quarter. Ameliora Wealth Management Ltd. grew its position in iShares Silver Trust by 15.4% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock valued at $5,583,000 after buying an additional 11,563 shares during the last quarter. Prime Capital Investment Advisors LLC grew its position in iShares Silver Trust by 33.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock valued at $2,433,000 after buying an additional 9,391 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in iShares Silver Trust by 47.8% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock valued at $1,869,000 after buying an additional 9,384 shares during the last quarter. Finally, Clare Market Investments LLC grew its position in iShares Silver Trust by 24.4% in the 3rd quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock valued at $2,060,000 after buying an additional 9,525 shares during the last quarter.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $60.61 on Thursday. The firm’s fifty day moving average price is $68.14 and its 200 day moving average price is $70.00. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The firm has a market cap of $34.31 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.
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.
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