Mezzasalma Advisors LLC Raises Holdings in iShares Silver Trust (NYSEARCA:SLV)

Mezzasalma Advisors LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,550 shares of the exchange traded fund’s stock after buying an additional 4,200 shares during the quarter. Mezzasalma Advisors LLC’s holdings in iShares Silver Trust were worth $1,536,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SLV. Anderson Financial Strategies LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at about $26,000. Ameriflex Group Inc. purchased a new position in iShares Silver Trust during the 4th quarter valued at about $30,000. Vermillion Wealth Management Inc. purchased a new position in iShares Silver Trust during the 4th quarter valued at about $31,000. Smartleaf Asset Management LLC raised its holdings 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 in the last quarter. Finally, TD Private Client Wealth LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $36,000.

iShares Silver Trust Stock Performance

Shares of SLV opened at $33.74 on Wednesday. The company has a 50 day moving average price of $30.43 and a 200-day moving average price of $29.24. iShares Silver Trust has a fifty-two week low of $24.25 and a fifty-two week high of $33.88. The stock has a market capitalization of $17.06 billion, a PE ratio of -8.51 and a beta of 0.56.

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.