Leavell Investment Management Inc. Increases Stake in iShares Silver Trust (NYSEARCA:SLV)

Leavell Investment Management Inc. raised its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,822 shares of the exchange traded fund’s stock after acquiring an additional 1,287 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares Silver Trust were worth $1,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. AIFG Consultants Ltd. increased its stake in shares of iShares Silver Trust by 12.7% in the fourth quarter. AIFG Consultants Ltd. now owns 8,280 shares of the exchange traded fund’s stock worth $218,000 after purchasing an additional 934 shares in the last quarter. Sovran Advisors LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter valued at $2,233,000. Strengthening Families & Communities LLC boosted its holdings in iShares Silver Trust by 128.2% in the 4th quarter. Strengthening Families & Communities LLC now owns 4,762 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 2,675 shares during the period. Stonebridge Financial Group LLC purchased a new stake in iShares Silver Trust in the 4th quarter worth $29,000. Finally, Clarus Group Inc. raised its holdings in iShares Silver Trust by 8.8% during the fourth quarter. Clarus Group Inc. now owns 16,750 shares of the exchange traded fund’s stock valued at $441,000 after acquiring an additional 1,350 shares during the period.

iShares Silver Trust Stock Up 1.2 %

Shares of iShares Silver Trust stock opened at $29.34 on Thursday. The company has a market capitalization of $13.77 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s 50-day simple moving average is $27.82 and its 200-day simple moving average is $27.81. iShares Silver Trust has a 52 week low of $20.11 and a 52 week high of $31.80.

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.