Synergy Asset Management LLC Takes Position in iShares Silver Trust (NYSEARCA:SLV)

Synergy Asset Management LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLVFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,786 shares of the exchange traded fund’s stock, valued at approximately $193,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Milestone Asset Management LLC raised its holdings in iShares Silver Trust by 18.2% in the 4th quarter. Milestone Asset Management LLC now owns 103,399 shares of the exchange traded fund’s stock worth $2,722,000 after acquiring an additional 15,907 shares during the period. Strategic Blueprint LLC increased its stake in shares of iShares Silver Trust by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after purchasing an additional 392 shares during the period. Hantz Financial Services Inc. acquired a new position in shares of iShares Silver Trust during the 4th quarter worth about $35,000. Mayflower Financial Advisors LLC boosted its stake in iShares Silver Trust by 12.6% during the 4th quarter. Mayflower Financial Advisors LLC now owns 9,424 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 1,051 shares during the period. Finally, DHK Financial Advisors Inc. grew its holdings in iShares Silver Trust by 3.7% in the 4th quarter. DHK Financial Advisors Inc. now owns 12,124 shares of the exchange traded fund’s stock valued at $319,000 after buying an additional 430 shares during the last quarter.

iShares Silver Trust Stock Up 2.6 %

Shares of SLV stock opened at $28.72 on Friday. iShares Silver Trust has a 12 month low of $20.11 and a 12 month high of $31.80. The firm has a market cap of $13.48 billion, a PE ratio of -7.01 and a beta of 0.43. The stock has a 50 day moving average of $27.62 and a 200-day moving average of $27.66.

About iShares Silver Trust

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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