iShares Silver Trust $SLV Shares Purchased by Eagle Strategies LLC

Eagle Strategies LLC boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 8.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 96,070 shares of the exchange traded fund’s stock after buying an additional 7,252 shares during the period. Eagle Strategies LLC’s holdings in iShares Silver Trust were worth $6,189,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vantage Financial Partners LLC acquired a new position in iShares Silver Trust during the third quarter worth $489,000. Wealth Enhancement Advisory Services LLC boosted its stake in iShares Silver Trust by 14.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock worth $10,525,000 after buying an additional 30,915 shares during the last quarter. D.B. Root & Company LLC acquired a new position in iShares Silver Trust during the third quarter worth $370,000. Envestnet Asset Management Inc. boosted its stake in iShares Silver Trust by 20.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after buying an additional 273,913 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC acquired a new position in iShares Silver Trust during the third quarter worth $235,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $69.08 on Friday. The stock’s fifty day moving average is $71.58 and its two-hundred day moving average is $62.17. The firm has a market capitalization of $39.10 billion, a P/E ratio of -8.51 and a beta of 0.52. iShares Silver Trust has a fifty-two week low of $28.68 and a fifty-two week high of $109.83.

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. 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.