Banco BTG Pactual S.A. Buys 350 Shares of iShares Silver Trust (NYSEARCA:SLV)

Banco BTG Pactual S.A. boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 119,560 shares of the exchange traded fund’s stock after purchasing an additional 350 shares during the period. Banco BTG Pactual S.A.’s holdings in iShares Silver Trust were worth $3,220,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Ausdal Financial Partners Inc. grew its stake in shares of iShares Silver Trust by 22.0% in the fourth quarter. Ausdal Financial Partners Inc. now owns 25,297 shares of the exchange traded fund’s stock worth $666,000 after acquiring an additional 4,555 shares during the last quarter. Florida Financial Advisors LLC bought a new position in iShares Silver Trust in the 4th quarter worth about $286,000. Signature Estate & Investment Advisors LLC grew its position in iShares Silver Trust by 74.4% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 18,640 shares of the exchange traded fund’s stock valued at $491,000 after purchasing an additional 7,949 shares during the last quarter. Crowley Wealth Management Inc. purchased a new position in iShares Silver Trust in the fourth quarter worth about $54,000. Finally, Blueprint Investment Partners LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth approximately $206,000.

iShares Silver Trust Stock Up 2.1 %

NYSEARCA:SLV opened at $30.58 on Wednesday. iShares Silver Trust has a 52 week low of $22.29 and a 52 week high of $31.80. The stock has a market cap of $14.63 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. The company’s 50 day moving average price is $29.18 and its 200-day moving average price is $28.58.

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.