Tudor Financial Inc. bought a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,642 shares of the exchange traded fund’s stock, valued at approximately $2,167,000. iShares Silver Trust comprises approximately 1.1% of Tudor Financial Inc.’s portfolio, making the stock its 27th largest position.
Other large investors have also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. lifted its holdings in iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after acquiring an additional 11,563 shares during the last quarter. NewEdge Wealth LLC lifted its holdings in iShares Silver Trust by 99.6% in the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock worth $1,885,000 after acquiring an additional 21,551 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in iShares Silver Trust by 33.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after acquiring an additional 9,391 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in iShares Silver Trust by 47.8% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock worth $1,869,000 after acquiring an additional 9,384 shares during the last quarter. Finally, Finer Wealth Management Inc. bought a new position in iShares Silver Trust in the fourth quarter worth about $709,000.
iShares Silver Trust Stock Up 0.8%
Shares of NYSEARCA SLV opened at $61.29 on Friday. The firm’s 50-day moving average price is $68.35 and its two-hundred day moving average price is $69.53. iShares Silver Trust has a 52-week low of $32.06 and a 52-week high of $109.83. The stock has a market capitalization of $34.69 billion, a P/E ratio of -8.51 and a beta of 0.45.
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. 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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