Vision Financial Markets LLC Buys New Shares in iShares Silver Trust (NYSEARCA:SLV)

Vision Financial Markets LLC bought 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 Securities and Exchange Commission (SEC). The institutional investor bought 2,000 shares of the exchange traded fund’s stock, valued at approximately $53,000.

Other institutional investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new position in iShares Silver Trust in the fourth quarter valued at $25,000. Key Client Fiduciary Advisors LLC increased its stake 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 acquiring an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. increased its stake in iShares Silver Trust by 3,471.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 972 shares during the last quarter. Stonebridge Financial Group LLC bought a new position in shares of iShares Silver Trust during the fourth quarter valued at about $29,000. Finally, Smartleaf Asset Management LLC grew its stake 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 Trading Up 2.7 %

Shares of NYSEARCA:SLV opened at $29.77 on Thursday. The stock’s 50-day moving average price is $28.21 and its 200-day moving average price is $28.20. iShares Silver Trust has a 12-month low of $21.86 and a 12-month high of $31.80. The stock has a market capitalization of $14.21 billion, a P/E ratio of -8.33 and a beta of 0.74.

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.