iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Avalon Capital Management

Avalon Capital Management increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 55.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 46,077 shares of the exchange traded fund’s stock after purchasing an additional 16,376 shares during the period. Avalon Capital Management’s holdings in iShares Silver Trust were worth $1,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC raised its position in shares of iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. raised its position in shares of iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at approximately $29,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at approximately $35,000.

iShares Silver Trust Trading Down 0.5 %

SLV stock opened at $29.44 on Tuesday. The firm has a market cap of $13.82 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.45 and a 12-month high of $31.80. The stock’s 50 day simple moving average is $28.01 and its 200 day simple moving average is $28.06.

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.