8,944 Shares in iShares Silver Trust (NYSEARCA:SLV) Bought by Morton Capital Management LLC CA

Morton Capital Management LLC CA purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,944 shares of the exchange traded fund’s stock, valued at approximately $235,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new position in shares of iShares Silver Trust in the 4th quarter valued at about $25,000. Spartan Fund Management Inc. acquired a new position in iShares Silver Trust in the third quarter valued at approximately $28,000. Jamison Private Wealth Management Inc. purchased a new position in iShares Silver Trust in the third quarter valued at approximately $31,000. Key Client Fiduciary Advisors LLC raised its holdings in iShares Silver Trust by 91.6% during the third quarter. Key Client Fiduciary Advisors LLC now owns 5,187 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 2,480 shares in the last quarter. Finally, Peoples Bank KS raised its holdings in iShares Silver Trust by 334.5% during the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 970 shares in the last quarter.

iShares Silver Trust Trading Up 0.3 %

Shares of iShares Silver Trust stock opened at $28.04 on Friday. The company has a fifty day simple moving average of $27.65 and a 200-day simple moving average of $27.67. The stock has a market cap of $13.16 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80.

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.