VVR Holdings LLC Makes New $641,000 Investment in iShares Silver Trust $SLV

VVR Holdings LLC bought a new position in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, Holdings Channel.com reports. The firm bought 9,950 shares of the exchange traded fund’s stock, valued at approximately $641,000. iShares Silver Trust makes up about 0.3% of VVR Holdings LLC’s portfolio, making the stock its 25th biggest holding.

Several other institutional investors also recently modified their holdings of SLV. Sarver Vrooman Wealth Advisors bought a new stake in iShares Silver Trust during the fourth quarter worth $30,000. Rialto Wealth Management LLC bought a new position in iShares Silver Trust in the 4th quarter valued at $33,000. BOK Financial Private Wealth Inc. bought a new position in iShares Silver Trust in the 4th quarter valued at $34,000. Farmers & Merchants Trust Co of Chambersburg PA increased its position in shares of iShares Silver Trust by 274.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 425 shares during the last quarter. Finally, Hopwood Financial Services Inc. purchased a new stake in shares of iShares Silver Trust during the 3rd quarter valued at $38,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $61.58 on Tuesday. The business’s fifty day moving average is $68.84 and its 200-day moving average is $69.30. The stock has a market capitalization of $34.85 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83.

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.