Hoey Investments Inc. Raises Stake in iShares Silver Trust (NYSEARCA:SLV)

Hoey Investments Inc. boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 36.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 22,631 shares of the exchange traded fund’s stock after purchasing an additional 6,000 shares during the period. Hoey Investments Inc.’s holdings in iShares Silver Trust were worth $701,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Prosperity Financial Group Inc. grew its position in iShares Silver Trust by 3.6% during the 4th quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 349 shares during the last quarter. Banco BTG Pactual S.A. grew its position in iShares Silver Trust by 0.3% during the 4th quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock worth $3,220,000 after purchasing an additional 350 shares during the last quarter. Pathway Financial Advisers LLC grew its position in iShares Silver Trust by 8.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 5,174 shares of the exchange traded fund’s stock worth $136,000 after purchasing an additional 400 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its position in iShares Silver Trust by 1.4% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 30,095 shares of the exchange traded fund’s stock worth $770,000 after purchasing an additional 413 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in iShares Silver Trust by 3.3% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 13,970 shares of the exchange traded fund’s stock worth $368,000 after purchasing an additional 440 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $32.97 on Friday. iShares Silver Trust has a 1 year low of $24.25 and a 1 year high of $33.54. The company has a market capitalization of $16.67 billion, a P/E ratio of -8.51 and a beta of 0.56. The company’s fifty day moving average is $30.19 and its two-hundred day moving average is $29.15.

iShares Silver Trust Company 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.