Values First Advisors Inc. Acquires New Stake in iShares Silver Trust (NYSEARCA:SLV)

Values First Advisors Inc. bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,154 shares of the exchange traded fund’s stock, valued at approximately $61,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Spartan Fund Management Inc. bought a new stake in shares of iShares Silver Trust in the third quarter worth $28,000. AlphaMark Advisors LLC lifted its position in iShares Silver Trust by 57.2% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 372 shares in the last quarter. Triad Wealth Partners LLC acquired a new position in shares of iShares Silver Trust during the 2nd quarter worth about $29,000. Jamison Private Wealth Management Inc. bought a new position in shares of iShares Silver Trust in the 3rd quarter valued at about $31,000. Finally, Peoples Bank KS increased its position in shares of iShares Silver Trust by 334.5% in the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 970 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $30.63 on Friday. The stock has a 50 day moving average price of $28.05 and a 200 day moving average price of $27.07. The stock has a market capitalization of $14.38 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $20.07 and a 52 week high of $31.80.

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.