13,492 Shares in iShares Silver Trust (NYSEARCA:SLV) Purchased by Brown Advisory Inc.

Brown Advisory Inc. bought a new position in iShares Silver Trust (NYSEARCA:SLV) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 13,492 shares of the exchange traded fund’s stock, valued at approximately $418,000.

Other hedge funds have also added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares Silver Trust in the first quarter worth $25,000. Anderson Financial Strategies LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at $26,000. Kentucky Trust Co boosted its stake in shares of iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 650 shares during the last quarter. Trifecta Capital Advisors LLC acquired a new stake in shares of iShares Silver Trust during the 1st quarter worth approximately $31,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at $30,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $34.26 on Wednesday. The company has a market capitalization of $17.89 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 1 year low of $24.25 and a 1 year high of $35.29. The company has a fifty day moving average of $31.94 and a two-hundred day moving average of $30.01.

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.