Centerpoint Advisors LLC Raises Holdings in iShares Silver Trust (NYSEARCA:SLV)

Centerpoint Advisors LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 37.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,850 shares of the exchange traded fund’s stock after purchasing an additional 1,850 shares during the period. Centerpoint Advisors LLC’s holdings in iShares Silver Trust were worth $180,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter valued at $25,000. Key Client Fiduciary Advisors LLC raised its stake in 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 during the last quarter. McClarren Financial Advisors Inc. lifted its holdings in 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. Spartan Fund Management Inc. acquired a new stake in shares of iShares Silver Trust during the 3rd quarter worth about $28,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of iShares Silver Trust during the fourth quarter worth about $29,000.

iShares Silver Trust Stock Performance

Shares of SLV opened at $29.31 on Tuesday. iShares Silver Trust has a 1 year low of $20.45 and a 1 year high of $31.80. The company’s 50 day simple moving average is $27.87 and its 200 day simple moving average is $27.89. The company has a market capitalization of $13.76 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.