Tennessee Valley Asset Management Partners Buys New Shares in iShares Silver Trust (NYSEARCA:SLV)

Tennessee Valley Asset Management Partners bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,567 shares of the exchange traded fund’s stock, valued at approximately $34,000.

A number of other institutional investors also recently modified their holdings of the stock. Bleakley Financial Group LLC lifted its position in shares of iShares Silver Trust by 27.5% during the 4th quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after acquiring an additional 397,836 shares during the period. Simplicity Solutions LLC increased its stake in iShares Silver Trust by 0.5% during the 3rd quarter. Simplicity Solutions LLC now owns 1,462,564 shares of the exchange traded fund’s stock valued at $28,196,000 after purchasing an additional 6,869 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in iShares Silver Trust by 11.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock valued at $28,288,000 after purchasing an additional 132,729 shares in the last quarter. Total Investment Management Inc. increased its stake in iShares Silver Trust by 4.0% during the 3rd quarter. Total Investment Management Inc. now owns 992,980 shares of the exchange traded fund’s stock valued at $20,197,000 after purchasing an additional 38,515 shares in the last quarter. Finally, ARS Wealth Advisors Group LLC increased its stake in iShares Silver Trust by 6.3% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 490,416 shares of the exchange traded fund’s stock valued at $9,975,000 after purchasing an additional 29,107 shares in the last quarter.

iShares Silver Trust Trading Up 0.2 %

Shares of SLV stock opened at $24.99 on Wednesday. The firm has a market capitalization of $11.86 billion, a PE ratio of -7.62 and a beta of 0.46. The firm has a fifty day simple moving average of $23.02 and a two-hundred day simple moving average of $21.88. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $27.24.

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.