MSA Advisors LLC Makes New Investment in iShares Silver Trust $SLV

MSA Advisors LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 477,745 shares of the exchange traded fund’s stock, valued at approximately $30,776,000. iShares Silver Trust comprises about 7.7% of MSA Advisors LLC’s holdings, making the stock its 3rd biggest position. MSA Advisors LLC owned approximately 0.09% of iShares Silver Trust as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sarver Vrooman Wealth Advisors bought a new stake in shares of iShares Silver Trust during the fourth quarter worth $30,000. Intesa Sanpaolo Wealth Management acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $32,000. Sfam LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $33,000. Rialto Wealth Management LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $33,000. Finally, BOK Financial Private Wealth Inc. acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $34,000.

iShares Silver Trust Price Performance

SLV opened at $63.39 on Wednesday. iShares Silver Trust has a fifty-two week low of $32.06 and a fifty-two week high of $109.83. The firm has a market capitalization of $35.88 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The company’s 50 day moving average price is $68.25 and its two-hundred day moving average price is $69.91.

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. 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.