Fisher Asset Management LLC purchased a new position in iShares Silver Trust (NYSEARCA:SLV – Get Rating) in the first quarter, HoldingsChannel reports. The institutional investor purchased 11,601 shares of the exchange traded fund’s stock, valued at approximately $265,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in SLV. PYA Waltman Capital LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $25,000. Cornerstone Advisory LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $26,000. Massmutual Trust Co. FSB ADV increased its stake in shares of iShares Silver Trust by 157.1% in the first quarter. Massmutual Trust Co. FSB ADV now owns 1,260 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 770 shares during the period. MCF Advisors LLC acquired a new stake in shares of iShares Silver Trust in the first quarter worth $29,000. Finally, Crewe Advisors LLC acquired a new stake in shares of iShares Silver Trust in the first quarter worth $33,000.
iShares Silver Trust Trading Down 1.7 %
NYSEARCA:SLV opened at $18.33 on Friday. iShares Silver Trust has a 1-year low of $16.73 and a 1-year high of $24.90. The company’s fifty day moving average price is $18.78 and its 200-day moving average price is $20.91.
About iShares Silver Trust
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.
Further Reading
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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Get Rating).
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