Grandview Asset Management LLC Raises Holdings in iShares Silver Trust (NYSEARCA:SLV)

Grandview Asset Management LLC grew its holdings in iShares Silver Trust (NYSEARCA:SLV) by 36.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,177 shares of the exchange traded fund’s stock after buying an additional 3,511 shares during the quarter. Grandview Asset Management LLC’s holdings in iShares Silver Trust were worth $347,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Eagle Bay Advisors LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at about $25,000. Spartan Fund Management Inc. purchased a new position in iShares Silver Trust in the 3rd quarter valued at approximately $28,000. Jamison Private Wealth Management Inc. purchased a new position in iShares Silver Trust in the 3rd quarter valued at approximately $31,000. Peoples Bank KS raised its holdings in iShares Silver Trust by 334.5% during the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 970 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares Silver Trust during the third quarter worth $40,000.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $26.96 on Tuesday. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s fifty day moving average is $27.79 and its two-hundred day moving average is $27.65.

iShares Silver Trust Company 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.