Vise Technologies Inc. Invests $811,000 in iShares Silver Trust $SLV

Vise Technologies Inc. purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,585 shares of the exchange traded fund’s stock, valued at approximately $811,000.

Other large investors have also modified their holdings of the company. NewEdge Wealth LLC lifted its position in shares of iShares Silver Trust by 99.6% during the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock worth $1,885,000 after purchasing an additional 21,551 shares during the last quarter. Ameliora Wealth Management Ltd. lifted its position in shares of iShares Silver Trust by 15.4% during the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after purchasing an additional 11,563 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of iShares Silver Trust by 33.1% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after purchasing an additional 9,391 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of iShares Silver Trust by 47.8% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock worth $1,869,000 after purchasing an additional 9,384 shares during the last quarter. Finally, Finer Wealth Management Inc. bought a new position in shares of iShares Silver Trust during the fourth quarter worth about $709,000.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $59.01 on Wednesday. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83. The company’s 50-day simple moving average is $68.75 and its 200-day simple moving average is $69.39. The stock has a market capitalization of $33.40 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

iShares Silver Trust 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.