Global Assets Advisory LLC Acquires Shares of 21,810 iShares Silver Trust (NYSEARCA:SLV)

Global Assets Advisory LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,810 shares of the exchange traded fund’s stock, valued at approximately $624,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SLV. Anderson Financial Strategies LLC bought a new stake in iShares Silver Trust in the fourth quarter valued at approximately $26,000. Ameriflex Group Inc. bought a new stake in iShares Silver Trust in the fourth quarter valued at approximately $30,000. Vermillion Wealth Management Inc. bought a new stake in iShares Silver Trust in the fourth quarter valued at approximately $31,000. Kentucky Trust Co raised its stake in iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 650 shares during the period. Finally, Trifecta Capital Advisors LLC bought a new position in shares of iShares Silver Trust during the first quarter worth approximately $31,000.

iShares Silver Trust Trading Up 1.2%

NYSEARCA:SLV opened at $33.01 on Thursday. The stock has a market cap of $17.45 billion, a P/E ratio of -8.51 and a beta of 0.56. The stock has a 50 day simple moving average of $30.90 and a 200 day simple moving average of $29.42. iShares Silver Trust has a 1-year low of $24.25 and a 1-year high of $33.87.

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.