Sapient Capital LLC Purchases New Position in iShares Silver Trust (NYSEARCA:SLV)

Sapient Capital LLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 63,285 shares of the exchange traded fund’s stock, valued at approximately $1,378,000.

Several other institutional investors have also bought and sold shares of the stock. Axxcess Wealth Management LLC grew its position in iShares Silver Trust by 5.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 99,414 shares of the exchange traded fund’s stock worth $2,165,000 after purchasing an additional 5,145 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in shares of iShares Silver Trust by 77.0% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 20,800 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 9,046 shares during the last quarter. One Charles Private Wealth Services LLC purchased a new position in shares of iShares Silver Trust in the 4th quarter worth approximately $1,091,000. Commonwealth Equity Services LLC grew its holdings in shares of iShares Silver Trust by 27.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock valued at $34,882,000 after acquiring an additional 343,004 shares in the last quarter. Finally, Fisher Asset Management LLC purchased a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $200,000.

iShares Silver Trust Stock Down 0.6 %

iShares Silver Trust stock traded down $0.14 during mid-day trading on Friday, reaching $24.22. 26,859,138 shares of the company’s stock were exchanged, compared to its average volume of 24,351,391. The firm has a market capitalization of $11.37 billion, a PE ratio of -7.01 and a beta of 0.43. The business’s fifty day simple moving average is $23.59 and its 200 day simple moving average is $22.10. iShares Silver Trust has a one year low of $18.97 and a one year high of $27.24.

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.