Altfest L J & Co. Inc. Purchases 30,574 Shares of iShares Silver Trust $SLV

Altfest L J & Co. Inc. grew its stake in iShares Silver Trust (NYSEARCA:SLV) by 23.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,665 shares of the exchange traded fund’s stock after purchasing an additional 30,574 shares during the period. iShares Silver Trust comprises approximately 1.1% of Altfest L J & Co. Inc.’s investment portfolio, making the stock its 24th largest position. Altfest L J & Co. Inc.’s holdings in iShares Silver Trust were worth $10,221,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Wolff Wiese Magana LLC boosted its stake in shares of iShares Silver Trust by 1.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock valued at $651,000 after purchasing an additional 150 shares in the last quarter. Inspirion Wealth Advisors LLC boosted its stake in shares of iShares Silver Trust by 2.0% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 8,426 shares of the exchange traded fund’s stock valued at $543,000 after purchasing an additional 162 shares in the last quarter. Fiduciary Financial Group LLC boosted its stake in shares of iShares Silver Trust by 1.0% in the 4th quarter. Fiduciary Financial Group LLC now owns 19,033 shares of the exchange traded fund’s stock valued at $1,226,000 after purchasing an additional 197 shares in the last quarter. Foster & Motley Inc. boosted its stake in shares of iShares Silver Trust by 3.4% in the 4th quarter. Foster & Motley Inc. now owns 6,055 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 200 shares in the last quarter. Finally, Crewe Advisors LLC boosted its stake in shares of iShares Silver Trust by 38.8% in the 4th quarter. Crewe Advisors LLC now owns 716 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 200 shares in the last quarter.

iShares Silver Trust Trading Up 1.0%

SLV opened at $69.08 on Friday. The company’s 50 day moving average is $71.58 and its 200-day moving average is $62.32. iShares Silver Trust has a 1-year low of $28.68 and a 1-year high of $109.83. The company has a market cap of $39.10 billion, a P/E ratio of -8.51 and a beta of 0.52.

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.