Natixis Takes Position in iShares Silver Trust (NYSEARCA:SLV)

Natixis bought a new position in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,650 shares of the exchange traded fund’s stock, valued at approximately $412,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SLV. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $25,000. McClarren Financial Advisors Inc. increased its stake in iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 972 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in iShares Silver Trust during the fourth quarter valued at approximately $29,000. Smartleaf Asset Management LLC lifted its stake in shares of 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 valued at $34,000 after purchasing an additional 1,115 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in shares of iShares Silver Trust in the 4th quarter worth approximately $35,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $30.56 on Friday. The company has a market cap of $15.23 billion, a P/E ratio of -8.54 and a beta of 0.59. The business’s 50 day moving average price is $29.57 and its 200-day moving average price is $28.77. iShares Silver Trust has a fifty-two week low of $23.87 and a fifty-two week 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.