9,909 Shares in iShares Silver Trust $SLV Acquired by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 9,909 shares of the exchange traded fund’s stock, valued at approximately $675,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in shares of iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC acquired a new stake in iShares Silver Trust in the fourth quarter worth about $238,000. Capstone Wealth Management Group LLC acquired a new stake in iShares Silver Trust in the first quarter worth about $443,000. Schnieders Capital Management LLC. grew its position in iShares Silver Trust by 15.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 1,300 shares in the last quarter. Finally, First Trust Advisors LP bought a new position in iShares Silver Trust in the 2nd quarter valued at about $886,000.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $55.02 on Monday. The stock has a market cap of $29.39 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49. The company’s 50-day moving average price is $64.58 and its two-hundred day moving average price is $70.07. iShares Silver Trust has a 52 week low of $32.96 and a 52 week high of $109.83.

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.