iShares Silver Trust $SLV Holdings Lifted by Bluesphere Advisors LLC

Bluesphere Advisors LLC boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 219.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,131 shares of the exchange traded fund’s stock after buying an additional 20,025 shares during the period. iShares Silver Trust makes up about 0.8% of Bluesphere Advisors LLC’s holdings, making the stock its 18th biggest position. Bluesphere Advisors LLC’s holdings in iShares Silver Trust were worth $1,877,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SLV. Nexus Investment Management ULC boosted its position in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 250 shares during the period. Raleigh Capital Management Inc. acquired a new position in shares of iShares Silver Trust in the 3rd quarter valued at about $32,000. Rialto Wealth Management LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter worth approximately $33,000. Hopwood Financial Services Inc. purchased a new stake in shares of iShares Silver Trust in the third quarter worth approximately $38,000. Finally, Bangor Savings Bank acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth approximately $38,000.

iShares Silver Trust Stock Performance

Shares of SLV opened at $65.79 on Monday. The company’s 50 day moving average price is $74.57 and its 200 day moving average price is $61.49. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The company has a market capitalization of $37.24 billion, a PE ratio of -8.51 and a beta of 0.38.

iShares Silver Trust 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.