Crowley Wealth Management Inc. Makes New $54,000 Investment in iShares Silver Trust (NYSEARCA:SLV)

Crowley Wealth Management Inc. purchased a new position in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,050 shares of the exchange traded fund’s stock, valued at approximately $54,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC boosted its stake 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 valued at $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. boosted its stake in shares of iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at $29,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of iShares Silver Trust by 671.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 1,115 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $30.02 on Monday. iShares Silver Trust has a 52-week low of $22.29 and a 52-week high of $31.80. The stock has a market capitalization of $14.36 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. The company has a fifty day moving average of $29.05 and a 200-day moving average of $28.52.

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.