International Assets Investment Management LLC Buys 226,449 Shares of iShares Silver Trust (NYSEARCA:SLV)

International Assets Investment Management LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 2,203.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 236,727 shares of the exchange traded fund’s stock after purchasing an additional 226,449 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares Silver Trust were worth $5,156,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Resurgent Financial Advisors LLC purchased a new stake in iShares Silver Trust in the 4th quarter worth approximately $26,000. Covestor Ltd purchased a new position in shares of iShares Silver Trust in the 1st quarter valued at approximately $28,000. VisionPoint Advisory Group LLC purchased a new position in shares of iShares Silver Trust in the 3rd quarter valued at approximately $25,000. BluePath Capital Management LLC purchased a new position in shares of iShares Silver Trust in the 3rd quarter valued at approximately $26,000. Finally, Cornerstone Planning Group LLC purchased a new position in shares of iShares Silver Trust in the 2nd quarter valued at approximately $28,000.

iShares Silver Trust Stock Up 3.0 %

SLV opened at $26.41 on Tuesday. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $27.24. The stock has a market cap of $12.53 billion, a PE ratio of -7.62 and a beta of 0.46. The business has a 50 day moving average of $22.41 and a 200-day moving average of $21.63.

iShares Silver Trust Company 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.