Financial Partners Group Inc acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 14,464 shares of the exchange traded fund’s stock, valued at approximately $231,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. IFG Advisory LLC bought a new position in iShares Silver Trust during the 4th quarter worth approximately $210,000. Tower Research Capital LLC TRC lifted its holdings in shares of iShares Silver Trust by 277.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,415 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 4,715 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth approximately $133,000. Sowell Financial Services LLC bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth approximately $166,000. Finally, Allen Capital Group LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter worth approximately $167,000.
Shares of SLV stock traded up $0.37 during trading on Wednesday, reaching $15.65. The company’s stock had a trading volume of 12,885,057 shares, compared to its average volume of 8,470,199. iShares Silver Trust has a 52-week low of $14.44 and a 52-week high of $17.59. The company has a market cap of $5,220.00 and a P/E ratio of -6.58.
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.
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