18,239 iShares Silver Trust $SLV Shares Acquired by New Harbor Financial Group LLC

New Harbor Financial Group LLC grew its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 373,453 shares of the exchange traded fund’s stock after purchasing an additional 18,239 shares during the quarter. iShares Silver Trust makes up 3.0% of New Harbor Financial Group LLC’s holdings, making the stock its 15th biggest position. New Harbor Financial Group LLC owned about 0.07% of iShares Silver Trust worth $20,357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Axiom Investment Management LLC purchased a new stake in iShares Silver Trust during the 1st quarter worth approximately $26,000. Horizons Wealth Management acquired a new position in shares of iShares Silver Trust during the third quarter valued at approximately $26,000. West Branch Capital LLC purchased a new position in shares of iShares Silver Trust in the second quarter valued at approximately $27,000. Bullseye Investment Management LLC purchased a new position in shares of iShares Silver Trust in the second quarter valued at approximately $27,000. Finally, Cape Investment Advisory Inc. purchased a new position in shares of iShares Silver Trust in the second quarter valued at approximately $38,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV traded down $0.62 during trading on Friday, reaching $48.72. The stock had a trading volume of 18,304,289 shares, compared to its average volume of 44,002,250. iShares Silver Trust has a 1-year low of $41.70 and a 1-year high of $109.83. The stock has a market cap of $26.22 billion, a PE ratio of -8.51 and a beta of 0.51. The business has a fifty day moving average price of $57.01 and a 200-day moving average price of $60.20.

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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