Vista Capital Partners Inc. acquired a new stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,161 shares of the exchange traded fund’s stock, valued at approximately $526,000.
Several other large investors have also modified their holdings of SLV. Nexus Investment Management ULC boosted its holdings in shares of iShares Silver Trust by 50.0% in the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 250 shares during the period. Raleigh Capital Management Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter valued at approximately $32,000. Rialto Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $33,000. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in shares of iShares Silver Trust by 274.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 425 shares during the period. Finally, Hopwood Financial Services Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter valued at approximately $38,000.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $68.29 on Monday. The firm’s fifty day moving average price is $70.88 and its 200 day moving average price is $65.00. iShares Silver Trust has a 1-year low of $29.04 and a 1-year high of $109.83. The firm has a market cap of $38.65 billion, a price-to-earnings 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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