Life Planning Partners Inc Invests $3.33 Million in iShares Silver Trust (NYSEARCA:SLV)

Life Planning Partners Inc acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 126,410 shares of the exchange traded fund’s stock, valued at approximately $3,328,000.

Several other large investors also recently modified their holdings of SLV. Eagle Bay Advisors LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $25,000. Key Client Fiduciary Advisors LLC boosted its holdings in shares of iShares Silver Trust by 406.5% during 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. McClarren Financial Advisors Inc. grew its position in shares of iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares during the period. Stonebridge Financial Group LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at $29,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of iShares Silver Trust by 671.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 1,115 shares during the period.

iShares Silver Trust Trading Down 1.0 %

NYSEARCA:SLV opened at $31.00 on Friday. iShares Silver Trust has a 12 month low of $22.63 and a 12 month high of $31.80. The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. The firm has a fifty day simple moving average of $29.36 and a two-hundred day simple moving average of $28.67.

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.