Granite Harbor Advisors Inc. Makes New $1.10 Million Investment in iShares Silver Trust $SLV

Granite Harbor Advisors Inc. purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 17,087 shares of the exchange traded fund’s stock, valued at approximately $1,101,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC boosted its position in iShares Silver Trust by 1.5% during the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock worth $651,000 after acquiring an additional 150 shares during the period. Inspirion Wealth Advisors LLC boosted its position in iShares Silver Trust by 2.0% during the 4th quarter. Inspirion Wealth Advisors LLC now owns 8,426 shares of the exchange traded fund’s stock worth $543,000 after acquiring an additional 162 shares during the period. Fiduciary Financial Group LLC boosted its position in iShares Silver Trust by 1.0% during the 4th quarter. Fiduciary Financial Group LLC now owns 19,033 shares of the exchange traded fund’s stock worth $1,226,000 after acquiring an additional 197 shares during the period. Foster & Motley Inc. boosted its position in iShares Silver Trust by 3.4% during the 4th quarter. Foster & Motley Inc. now owns 6,055 shares of the exchange traded fund’s stock worth $390,000 after acquiring an additional 200 shares during the period. Finally, Crewe Advisors LLC boosted its position in iShares Silver Trust by 38.8% during the 4th quarter. Crewe Advisors LLC now owns 716 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 200 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $68.39 on Friday. iShares Silver Trust has a 1 year low of $27.81 and a 1 year high of $109.83. The stock has a fifty day moving average of $71.71 and a two-hundred day moving average of $61.96. The firm has a market capitalization of $38.71 billion, a PE ratio of -8.51 and a beta of 0.45.

iShares Silver Trust News Summary

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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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