Armor Advisors L.L.C. Increases Holdings in iShares Silver Trust $SLV

Armor Advisors L.L.C. raised its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 19.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 147,595 shares of the exchange traded fund’s stock after acquiring an additional 24,318 shares during the period. iShares Silver Trust comprises about 8.5% of Armor Advisors L.L.C.’s investment portfolio, making the stock its 5th largest position. Armor Advisors L.L.C.’s holdings in iShares Silver Trust were worth $9,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Basepoint Wealth LLC bought a new stake in shares of iShares Silver Trust during the fourth quarter worth $99,000. Linscomb Wealth Inc. bought a new position in iShares Silver Trust during the fourth quarter worth about $256,000. Weaver Consulting Group acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth about $294,000. Rothschild Investment LLC raised its position in shares of iShares Silver Trust by 37.8% during the fourth quarter. Rothschild Investment LLC now owns 15,793 shares of the exchange traded fund’s stock worth $1,017,000 after purchasing an additional 4,331 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Silver Trust by 58.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 746,397 shares of the exchange traded fund’s stock worth $48,083,000 after purchasing an additional 276,297 shares during the period.

Key iShares Silver Trust News

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $68.33 on Friday. The firm has a market cap of $38.67 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock’s 50-day moving average is $68.57 and its 200-day moving average is $68.36. iShares Silver Trust has a one year low of $29.78 and a one year high of $109.83.

iShares Silver Trust Profile

(Free Report)

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.

Further Reading

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

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