iShares Silver Trust (NYSEARCA:SLV) Shares Acquired by Lesa Sroufe & Co

Lesa Sroufe & Co increased its position in iShares Silver Trust (NYSEARCA:SLV) by 0.5% in the fourth quarter, Holdings Channel reports. The firm owned 132,099 shares of the exchange traded fund’s stock after purchasing an additional 661 shares during the quarter. iShares Silver Trust accounts for 2.9% of Lesa Sroufe & Co’s holdings, making the stock its 13th biggest holding. Lesa Sroufe & Co’s holdings in iShares Silver Trust were worth $2,877,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC bought a new position in shares of iShares Silver Trust in the 3rd quarter worth about $25,000. BluePath Capital Management LLC acquired a new position in iShares Silver Trust in the third quarter valued at approximately $26,000. Asset Dedication LLC grew its holdings in shares of iShares Silver Trust by 180.5% during the third quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 928 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $34,000. Finally, BKM Wealth Management LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter worth approximately $38,000.

iShares Silver Trust Price Performance

Shares of SLV opened at $24.99 on Wednesday. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $27.24. The stock has a fifty day moving average price of $23.02 and a 200 day moving average price of $21.88. The company has a market cap of $11.86 billion, a P/E ratio of -7.62 and a beta of 0.46.

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.