Hunter Associates Investment Management LLC Takes $675,000 Position in iShares Silver Trust $SLV

Hunter Associates Investment Management LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLVFree Report) during the first quarter, Holdings Channel reports. The firm acquired 9,909 shares of the exchange traded fund’s stock, valued at approximately $675,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SLV. Sarver Vrooman Wealth Advisors bought a new position in iShares Silver Trust during the fourth quarter valued at about $30,000. Intesa Sanpaolo Wealth Management bought a new stake in iShares Silver Trust in the fourth quarter worth about $32,000. Sfam LLC bought a new stake in iShares Silver Trust in the fourth quarter worth about $33,000. Rialto Wealth Management LLC acquired a new stake in iShares Silver Trust in the 4th quarter valued at about $33,000. Finally, Redwood Park Advisors LLC lifted its holdings in iShares Silver Trust by 106.4% in the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 266 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $55.02 on Monday. iShares Silver Trust has a twelve month low of $32.96 and a twelve month high of $109.83. The company has a 50-day moving average of $64.58 and a 200-day moving average of $70.07. The firm has a market cap of $29.39 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49.

iShares Silver Trust Company Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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