Fisher Asset Management LLC Makes New $265,000 Investment in iShares Silver Trust (NYSEARCA:SLV)

Fisher Asset Management LLC purchased a new position in iShares Silver Trust (NYSEARCA:SLVGet 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

(Get Rating)

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

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:SLVGet Rating).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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