Crowley Wealth Management Inc. Purchases Shares of 2,050 iShares Silver Trust (NYSEARCA:SLV)

Crowley Wealth Management Inc. purchased a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,050 shares of the exchange traded fund’s stock, valued at approximately $54,000.

Several other institutional investors have also added to or reduced their stakes in SLV. Eagle Bay Advisors LLC purchased a new stake in iShares Silver Trust during the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC raised its holdings in iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. raised its holdings in iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in iShares Silver Trust in the 4th quarter worth $29,000. Finally, Smartleaf Asset Management LLC raised its holdings in iShares Silver Trust by 671.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,115 shares in the last quarter.

iShares Silver Trust Trading Down 1.6 %

Shares of NYSEARCA SLV opened at $30.02 on Monday. iShares Silver Trust has a 12 month low of $22.29 and a 12 month high of $31.80. The firm has a market capitalization of $14.36 billion, a PE ratio of -8.87 and a beta of 0.73. The firm has a fifty day simple moving average of $29.05 and a two-hundred day simple moving average of $28.52.

iShares Silver Trust 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.