iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Welch Group LLC

Welch Group LLC boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,892 shares of the exchange traded fund’s stock after buying an additional 2,030 shares during the quarter. Welch Group LLC’s holdings in iShares Silver Trust were worth $579,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new stake in iShares Silver Trust in the fourth quarter worth $25,000. Key Client Fiduciary Advisors LLC lifted its position in iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 4,825 shares in the last quarter. Spartan Fund Management Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at approximately $28,000. Jamison Private Wealth Management Inc. acquired a new position in shares of iShares Silver Trust during the 3rd quarter valued at about $31,000. Finally, Hantz Financial Services Inc. acquired a new stake in iShares Silver Trust in the 4th quarter valued at approximately $35,000.

iShares Silver Trust Trading Up 0.6 %

SLV stock opened at $28.67 on Tuesday. iShares Silver Trust has a 1-year low of $20.11 and a 1-year high of $31.80. The firm has a market cap of $13.46 billion, a P/E ratio of -7.01 and a beta of 0.43. The business’s 50 day moving average is $27.64 and its 200-day moving average is $27.67.

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.