iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC boosted its position in iShares Silver Trust (NYSEARCA:SLV) by 58.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 29,099 shares of the exchange traded fund’s stock after purchasing an additional 10,735 shares during the quarter. Soltis Investment Advisors LLC’s holdings in iShares Silver Trust were worth $766,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SLV. Eagle Bay Advisors LLC acquired a new position in iShares Silver Trust in the fourth quarter valued at $25,000. Key Client Fiduciary Advisors LLC raised its position in iShares Silver Trust by 406.5% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares during the period. Spartan Fund Management Inc. purchased a new position in iShares Silver Trust in the third quarter valued at about $28,000. Jamison Private Wealth Management Inc. purchased a new position in iShares Silver Trust in the third quarter valued at about $31,000. Finally, Hantz Financial Services Inc. purchased a new position in iShares Silver Trust in the fourth quarter valued at about $35,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $29.20 on Tuesday. The business’s 50-day moving average is $27.79 and its two-hundred day moving average is $27.77. iShares Silver Trust has a 12 month low of $20.11 and a 12 month high of $31.80. The firm has a market capitalization of $13.71 billion, a PE ratio of -7.01 and a beta of 0.43.

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.