Per Stirling Capital Management LLC. Acquires 4,421 Shares of iShares Silver Trust (NYSEARCA:SLV)

Per Stirling Capital Management LLC. boosted its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 39.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,670 shares of the exchange traded fund’s stock after acquiring an additional 4,421 shares during the quarter. Per Stirling Capital Management LLC.’s holdings in iShares Silver Trust were worth $341,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Yong Rong HK Asset Management Ltd bought a new position in shares of iShares Silver Trust during the 4th quarter valued at $10,890,000. Bleakley Financial Group LLC lifted its holdings in shares of iShares Silver Trust by 27.5% during the 4th quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after buying an additional 397,836 shares during the period. Simplicity Solutions LLC lifted its holdings in shares of iShares Silver Trust by 26.2% during the 4th quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after buying an additional 383,336 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of iShares Silver Trust by 27.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock valued at $34,882,000 after buying an additional 343,004 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of iShares Silver Trust by 2,203.2% during the 4th quarter. International Assets Investment Management LLC now owns 236,727 shares of the exchange traded fund’s stock valued at $5,156,000 after buying an additional 226,449 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV traded up $0.39 during midday trading on Wednesday, hitting $27.41. The company had a trading volume of 18,155,678 shares, compared to its average volume of 25,199,830. The company has a market cap of $12.86 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $29.56. The company has a fifty day moving average of $25.89 and a two-hundred day moving average of $23.08.

About iShares Silver Trust

(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.

Further Reading

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

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

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.