Leavell Investment Management Inc. Grows Position in iShares Silver Trust (NYSEARCA:SLV)

Leavell Investment Management Inc. boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,822 shares of the exchange traded fund’s stock after purchasing an additional 1,287 shares during the period. Leavell Investment Management Inc.’s holdings in iShares Silver Trust were worth $1,812,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new position in iShares Silver Trust in the 4th quarter worth about $25,000. Key Client Fiduciary Advisors LLC grew its stake in 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 worth $26,000 after acquiring an additional 4,825 shares in the last quarter. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust during the third quarter worth approximately $28,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $29,000. Finally, Jamison Private Wealth Management Inc. bought a new stake in shares of iShares Silver Trust during the third quarter valued at approximately $31,000.

iShares Silver Trust Trading Up 1.2 %

Shares of SLV stock opened at $29.34 on Thursday. iShares Silver Trust has a twelve month low of $20.11 and a twelve month high of $31.80. The stock has a fifty day simple moving average of $27.82 and a two-hundred day simple moving average of $27.81. The stock has a market capitalization of $13.77 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.