Van Hulzen Asset Management LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,388 shares of the exchange traded fund’s stock after acquiring an additional 450 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in iShares Silver Trust were worth $940,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Principal Securities Inc. bought a new stake in iShares Silver Trust in the 4th quarter worth about $590,000. Nvwm LLC bought a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $57,000. Foundations Investment Advisors LLC increased its position in shares of iShares Silver Trust by 0.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 315,432 shares of the exchange traded fund’s stock valued at $6,690,000 after acquiring an additional 1,956 shares during the last quarter. Sound View Wealth Advisors Group LLC lifted its holdings in iShares Silver Trust by 44.0% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 16,855 shares of the exchange traded fund’s stock worth $367,000 after acquiring an additional 5,148 shares during the period. Finally, Meridian Wealth Management LLC boosted its position in iShares Silver Trust by 19.7% in the fourth quarter. Meridian Wealth Management LLC now owns 136,917 shares of the exchange traded fund’s stock worth $2,982,000 after purchasing an additional 22,503 shares during the last quarter.
iShares Silver Trust Price Performance
Shares of iShares Silver Trust stock opened at $25.94 on Wednesday. The firm has a market cap of $12.17 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $18.97 and a 1 year high of $29.56. The stock has a fifty day moving average price of $26.52 and a 200-day moving average price of $25.67.
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.
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