12,585 Shares in iShares Silver Trust $SLV Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, HoldingsChannel reports. The firm acquired 12,585 shares of the exchange traded fund’s stock, valued at approximately $811,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. NewEdge Wealth LLC grew its position in shares of iShares Silver Trust by 99.6% during the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock worth $1,885,000 after acquiring an additional 21,551 shares during the last quarter. Ameliora Wealth Management Ltd. increased its holdings in shares of iShares Silver Trust by 15.4% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after acquiring an additional 11,563 shares during the period. Prime Capital Investment Advisors LLC lifted its position in iShares Silver Trust by 33.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock valued at $2,433,000 after purchasing an additional 9,391 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in iShares Silver Trust by 47.8% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock valued at $1,869,000 after purchasing an additional 9,384 shares during the period. Finally, Finer Wealth Management Inc. acquired a new position in iShares Silver Trust during the 4th quarter valued at about $709,000.

iShares Silver Trust Stock Down 4.2%

iShares Silver Trust stock opened at $59.01 on Wednesday. iShares Silver Trust has a 52-week low of $32.06 and a 52-week high of $109.83. The firm has a market capitalization of $33.40 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The firm has a 50-day moving average price of $68.75 and a two-hundred day moving average price of $69.39.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.