Alaska Permanent Capital Management Increases Position in iShares Silver Trust (NYSEARCA:SLV)

Alaska Permanent Capital Management boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 65.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 44,000 shares of the exchange traded fund’s stock after purchasing an additional 17,400 shares during the quarter. iShares Silver Trust comprises 0.1% of Alaska Permanent Capital Management’s portfolio, making the stock its 26th biggest holding. Alaska Permanent Capital Management’s holdings in iShares Silver Trust were worth $1,159,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Indiana Trust & Investment Management Co grew its holdings in shares of iShares Silver Trust by 1,940.3% in the 4th quarter. Indiana Trust & Investment Management Co now owns 13,670 shares of the exchange traded fund’s stock worth $360,000 after acquiring an additional 13,000 shares during the period. Leavell Investment Management Inc. raised its position in iShares Silver Trust by 1.9% during the fourth quarter. Leavell Investment Management Inc. now owns 68,822 shares of the exchange traded fund’s stock worth $1,812,000 after acquiring an additional 1,287 shares during the last quarter. AIFG Consultants Ltd. grew its position in shares of iShares Silver Trust by 12.7% in the fourth quarter. AIFG Consultants Ltd. now owns 8,280 shares of the exchange traded fund’s stock valued at $218,000 after purchasing an additional 934 shares during the last quarter. Sovran Advisors LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $2,233,000. Finally, Strengthening Families & Communities LLC raised its position in shares of iShares Silver Trust by 128.2% during the 4th quarter. Strengthening Families & Communities LLC now owns 4,762 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 2,675 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $29.00 on Wednesday. The business’s fifty day moving average price is $27.81 and its two-hundred day moving average price is $27.80. The stock has a market cap of $13.61 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80.

iShares Silver Trust Company 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.