CPR Investments Inc. Acquires Shares of 21,425 iShares Silver Trust $SLV

CPR Investments Inc. acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the 1st quarter, HoldingsChannel reports. The firm acquired 21,425 shares of the exchange traded fund’s stock, valued at approximately $1,460,000. iShares Silver Trust accounts for approximately 1.0% of CPR Investments Inc.’s portfolio, making the stock its 19th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SLV. Sarver Vrooman Wealth Advisors bought a new position in shares of iShares Silver Trust in the 4th quarter valued at $30,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of iShares Silver Trust during the 4th quarter worth $32,000. Rialto Wealth Management LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter worth $33,000. Redwood Park Advisors LLC lifted its position in shares of iShares Silver Trust by 106.4% during the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 266 shares during the last quarter. Finally, Sfam LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter worth $33,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $59.51 on Monday. iShares Silver Trust has a twelve month low of $32.06 and a twelve month high of $109.83. The stock’s 50-day simple moving average is $67.85 and its 200 day simple moving average is $70.11. The firm has a market capitalization of $33.68 billion, a PE ratio of -8.51 and a beta of 0.45.

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. 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.