Benjamin Edwards Inc. Purchases New Position in iShares Silver Trust (NYSEARCA:SLV)

Benjamin Edwards Inc. acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 26,026 shares of the exchange traded fund’s stock, valued at approximately $685,000.

Several other institutional investors have also added to or reduced their stakes in the business. Prosperity Financial Group Inc. boosted its holdings in iShares Silver Trust by 3.6% in the fourth quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 349 shares during the last quarter. Banco BTG Pactual S.A. boosted its stake in shares of iShares Silver Trust by 0.3% in the 4th quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock worth $3,220,000 after buying an additional 350 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in iShares Silver Trust by 4.3% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock valued at $234,000 after acquiring an additional 364 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its holdings in iShares Silver Trust by 4.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock valued at $223,000 after acquiring an additional 372 shares during the period. Finally, Strategic Blueprint LLC lifted its holdings in iShares Silver Trust by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock valued at $252,000 after acquiring an additional 392 shares during the period.

iShares Silver Trust Stock Up 1.2 %

iShares Silver Trust stock opened at $29.80 on Friday. The business has a 50-day simple moving average of $29.68 and a two-hundred day simple moving average of $28.81. iShares Silver Trust has a 52-week low of $24.25 and a 52-week high of $31.80. The company has a market cap of $14.85 billion, a P/E ratio of -8.54 and a beta of 0.59.

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.