Nalls Sherbakoff Group LLC Takes Position in iShares Silver Trust $SLV

Nalls Sherbakoff Group LLC purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 25,168 shares of the exchange traded fund’s stock, valued at approximately $1,621,000. iShares Silver Trust accounts for approximately 1.2% of Nalls Sherbakoff Group LLC’s portfolio, making the stock its 20th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SLV. NewEdge Wealth LLC raised its stake 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 purchasing an additional 21,551 shares during the last quarter. Ameliora Wealth Management Ltd. lifted its holdings 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 purchasing an additional 11,563 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its holdings 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 purchasing an additional 9,391 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in iShares Silver Trust by 47.8% during 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 worth $1,869,000 after purchasing an additional 9,384 shares during the last quarter. Finally, Clare Market Investments LLC boosted its stake in iShares Silver Trust by 24.4% during the 3rd quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock worth $2,060,000 after purchasing an additional 9,525 shares during the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $59.51 on Friday. iShares Silver Trust has a 52-week low of $32.06 and a 52-week high of $109.83. The firm has a market capitalization of $33.68 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The company has a fifty day simple moving average of $67.85 and a 200-day simple moving average of $69.98.

iShares Silver Trust Company Profile

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.