Harbour Investments Inc. Increases Position in iShares Silver Trust (NYSEARCA:SLV)

Harbour Investments Inc. boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,514 shares of the exchange traded fund’s stock after purchasing an additional 1,261 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Silver Trust were worth $2,015,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in iShares Silver Trust by 29.8% in the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock worth $20,015,000 after purchasing an additional 174,501 shares during the period. Fisher Asset Management LLC purchased a new stake in iShares Silver Trust in the fourth quarter worth about $220,000. Schaper Benz & Wise Investment Counsel Inc. WI grew its holdings in shares of iShares Silver Trust by 55.8% during the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after buying an additional 5,790 shares during the last quarter. Savant Capital LLC grew its holdings in shares of iShares Silver Trust by 26.8% during the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after buying an additional 2,803 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of iShares Silver Trust by 671.7% during 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 last quarter.

iShares Silver Trust Stock Up 0.3 %

NYSEARCA:SLV opened at $30.81 on Tuesday. The company’s 50 day moving average price is $28.80 and its 200-day moving average price is $28.39. iShares Silver Trust has a 52 week low of $22.29 and a 52 week high of $31.80. The stock has a market cap of $14.74 billion, a price-to-earnings 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.