Nemes Rush Group LLC Buys 1,750 Shares of iShares Silver Trust (NYSEARCA:SLV)

Nemes Rush Group LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 28.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,844 shares of the exchange traded fund’s stock after purchasing an additional 1,750 shares during the quarter. Nemes Rush Group LLC’s holdings in iShares Silver Trust were worth $207,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in shares of iShares Silver Trust by 29.8% during the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock valued at $20,015,000 after buying an additional 174,501 shares during the period. Fisher Asset Management LLC bought a new stake in iShares Silver Trust during the 4th quarter worth approximately $220,000. Schaper Benz & Wise Investment Counsel Inc. WI lifted its stake in iShares Silver Trust by 55.8% in the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock worth $426,000 after purchasing an additional 5,790 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares Silver Trust by 15.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,493 shares of the exchange traded fund’s stock valued at $698,000 after purchasing an additional 3,459 shares during the period. Finally, Savant Capital LLC grew its position in shares of iShares Silver Trust by 26.8% during the 4th quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 2,803 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $30.63 on Wednesday. The company has a market capitalization of $15.09 billion, a PE ratio of -8.96 and a beta of 0.59. iShares Silver Trust has a 52-week low of $23.24 and a 52-week high of $31.80. The business’s fifty day moving average is $29.48 and its 200 day moving average is $28.73.

iShares Silver Trust 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.