Walled Lake Planning & Wealth Management LLC Makes New $655,000 Investment in iShares Silver Trust $SLV

Walled Lake Planning & Wealth Management LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,611 shares of the exchange traded fund’s stock, valued at approximately $655,000.

A number of other hedge funds also recently made changes to their positions in the stock. TBH Global Asset Management LLC raised its position in iShares Silver Trust by 1.5% during the fourth quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 104 shares in the last quarter. Westside Investment Management Inc. boosted its holdings in shares of iShares Silver Trust by 23.4% in the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 130 shares in the last quarter. JNBA Financial Advisors boosted its holdings in shares of iShares Silver Trust by 1.2% in the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock worth $692,000 after purchasing an additional 132 shares in the last quarter. SouthState Bank Corp increased its position in shares of iShares Silver Trust by 29.6% during the 4th quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 148 shares during the last quarter. Finally, Swisher Financial Concepts Inc. raised its holdings in shares of iShares Silver Trust by 0.8% during the 1st quarter. Swisher Financial Concepts Inc. now owns 17,731 shares of the exchange traded fund’s stock valued at $1,208,000 after buying an additional 148 shares in the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA:SLV traded down $0.19 during mid-day trading on Friday, reaching $53.95. The stock had a trading volume of 11,709,494 shares, compared to its average volume of 59,922,551. The stock has a market capitalization of $28.81 billion, a P/E ratio of -8.51 and a beta of 0.49. The firm has a 50 day moving average price of $63.28 and a two-hundred day moving average price of $69.82. iShares Silver Trust has a one year low of $33.10 and a one year high of $109.83.

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. 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.