Broadway Wealth Solutions Inc. Invests $212,000 in iShares Silver Trust (NYSEARCA:SLV)

Broadway Wealth Solutions Inc. purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,852 shares of the exchange traded fund’s stock, valued at approximately $212,000.

Several other large investors also recently modified their holdings of SLV. Bank of New York Mellon Corp grew its stake in iShares Silver Trust by 29.8% in the 4th quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock valued at $20,015,000 after buying an additional 174,501 shares in the last quarter. Fisher Asset Management LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter valued at $220,000. Schaper Benz & Wise Investment Counsel Inc. WI grew its position in shares of iShares Silver Trust by 55.8% during the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after purchasing an additional 5,790 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in shares of iShares Silver Trust by 60.6% during the 4th quarter. Orion Portfolio Solutions LLC now owns 25,457 shares of the exchange traded fund’s stock valued at $670,000 after purchasing an additional 9,609 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of iShares Silver Trust by 15.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,493 shares of the exchange traded fund’s stock valued at $698,000 after purchasing an additional 3,459 shares in the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $32.69 on Friday. iShares Silver Trust has a 52-week low of $24.25 and a 52-week high of $32.98. The company has a market capitalization of $16.53 billion, a P/E ratio of -8.51 and a beta of 0.56. The company has a fifty day moving average of $29.70 and a 200-day moving average of $28.98.

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.