9,268 Shares in iShares Silver Trust $SLV Purchased by Artesa Financial Group LLC

Artesa Financial Group LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,268 shares of the exchange traded fund’s stock, valued at approximately $597,000. iShares Silver Trust accounts for approximately 0.6% of Artesa Financial Group LLC’s investment portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Alteri Wealth LLC boosted its holdings in iShares Silver Trust by 51.0% during the fourth quarter. Alteri Wealth LLC now owns 7,363 shares of the exchange traded fund’s stock worth $474,000 after buying an additional 2,487 shares during the last quarter. Pettyjohn Wood & White Inc. bought a new position in iShares Silver Trust during the fourth quarter worth about $364,000. VVR Holdings LLC bought a new position in iShares Silver Trust during the fourth quarter worth about $641,000. TIAA Trust National Association bought a new position in iShares Silver Trust during the fourth quarter worth about $285,000. Finally, Cerity Partners LLC boosted its holdings in iShares Silver Trust by 1.3% during the fourth quarter. Cerity Partners LLC now owns 300,960 shares of the exchange traded fund’s stock worth $19,396,000 after buying an additional 4,004 shares during the last quarter.

iShares Silver Trust Trading Down 4.2%

Shares of SLV opened at $59.01 on Wednesday. iShares Silver Trust has a 1 year low of $32.06 and a 1 year high of $109.83. The stock has a market cap of $33.40 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock’s 50-day moving average price is $68.75 and its two-hundred day moving average price is $69.39.

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.