EdgeRock Capital LLC Buys Shares of 3,546 iShares Silver Trust (NYSEARCA:SLV)

EdgeRock Capital LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 3,546 shares of the exchange traded fund’s stock, valued at approximately $74,000.

Several other hedge funds have also recently bought and sold shares of SLV. BluePath Capital Management LLC bought a new position in iShares Silver Trust during the 3rd quarter worth about $26,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares Silver Trust by 19.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 137,400 shares of the exchange traded fund’s stock worth $2,795,000 after acquiring an additional 22,000 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of iShares Silver Trust by 52.7% in the third quarter. Park Avenue Securities LLC now owns 31,209 shares of the exchange traded fund’s stock valued at $635,000 after purchasing an additional 10,766 shares during the last quarter. Assetmark Inc. lifted its position in shares of iShares Silver Trust by 12.2% in the third quarter. Assetmark Inc. now owns 32,194 shares of the exchange traded fund’s stock worth $655,000 after purchasing an additional 3,509 shares in the last quarter. Finally, China Universal Asset Management Co. Ltd. bought a new stake in shares of iShares Silver Trust in the third quarter worth $610,000.

iShares Silver Trust Stock Performance

iShares Silver Trust stock traded up $0.03 during mid-day trading on Wednesday, reaching $24.95. The company’s stock had a trading volume of 16,887,611 shares, compared to its average volume of 24,197,471. The business’s 50 day simple moving average is $23.77 and its 200 day simple moving average is $22.17. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $27.24. The company has a market capitalization of $11.71 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.