iShares Silver Trust (NYSEARCA:SLV) Shares Bought by Avion Wealth

Avion Wealth increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 281.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,336 shares of the exchange traded fund’s stock after buying an additional 3,936 shares during the quarter. Avion Wealth’s holdings in iShares Silver Trust were worth $140,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SLV. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter worth $25,000. Key Client Fiduciary Advisors LLC increased its holdings in iShares Silver Trust by 406.5% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 4,825 shares during the last quarter. Spartan Fund Management Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at $28,000. Stonebridge Financial Group LLC purchased a new stake in iShares Silver Trust during the 4th quarter worth about $29,000. Finally, Jamison Private Wealth Management Inc. acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth about $31,000.

iShares Silver Trust Stock Performance

SLV opened at $29.00 on Wednesday. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80. The company has a market cap of $13.61 billion, a P/E ratio of -7.01 and a beta of 0.43. The business’s 50-day simple moving average is $27.81 and its 200-day simple moving average is $27.80.

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.