Foundations Investment Advisors LLC Boosts Holdings in iShares Silver Trust (NYSEARCA:SLV)

Foundations Investment Advisors LLC boosted its position in iShares Silver Trust (NYSEARCA:SLV) by 22.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 505,855 shares of the exchange traded fund’s stock after purchasing an additional 94,269 shares during the quarter. Foundations Investment Advisors LLC owned about 0.11% of iShares Silver Trust worth $13,319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of SLV. Eagle Bay Advisors LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth $25,000. Key Client Fiduciary Advisors LLC increased its holdings in shares of 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 buying an additional 4,825 shares during the last quarter. Spartan Fund Management Inc. bought a new position in shares of iShares Silver Trust in the 3rd quarter worth $28,000. Jamison Private Wealth Management Inc. bought a new position in shares of iShares Silver Trust in the 3rd quarter worth $31,000. Finally, Peoples Bank KS increased its holdings in shares of iShares Silver Trust by 334.5% in the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 970 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $27.52 on Monday. The company’s fifty day moving average price is $27.64 and its 200-day moving average price is $27.67. The firm has a market capitalization of $12.91 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80.

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.