Chesley Taft & Associates LLC Increases Position in iShares Silver Trust (NYSEARCA:SLV)

Chesley Taft & Associates LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 25.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 84,300 shares of the exchange traded fund’s stock after purchasing an additional 17,000 shares during the period. Chesley Taft & Associates LLC’s holdings in iShares Silver Trust were worth $2,220,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SLV. Ironwood Wealth Management LLC. purchased a new position in shares of iShares Silver Trust in the second quarter valued at about $202,000. Mercer Global Advisors Inc. ADV grew its holdings in iShares Silver Trust by 13.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 58,983 shares of the exchange traded fund’s stock valued at $1,567,000 after buying an additional 6,943 shares in the last quarter. Blair William & Co. IL raised its position in shares of iShares Silver Trust by 8.5% during the second quarter. Blair William & Co. IL now owns 14,485 shares of the exchange traded fund’s stock valued at $385,000 after buying an additional 1,129 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of iShares Silver Trust by 100.0% in the second quarter. Hsbc Holdings PLC now owns 96,000 shares of the exchange traded fund’s stock worth $2,551,000 after buying an additional 48,000 shares in the last quarter. Finally, AE Wealth Management LLC boosted its position in shares of iShares Silver Trust by 57.3% during the second quarter. AE Wealth Management LLC now owns 119,509 shares of the exchange traded fund’s stock worth $3,175,000 after acquiring an additional 43,556 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $27.61 on Tuesday. The firm’s fifty day moving average is $27.63 and its two-hundred day moving average is $27.68. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The company has a market cap of $12.96 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.