Everpar Advisors LLC Invests $200,000 in iShares Silver Trust (NYSEARCA:SLV)

Everpar Advisors LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,200 shares of the exchange traded fund’s stock, valued at approximately $200,000.

A number of other hedge funds also recently made changes to their positions in SLV. City State Bank increased its holdings in iShares Silver Trust by 9.7% in the fourth quarter. City State Bank now owns 5,680 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 500 shares in the last quarter. Grant GrossMendelsohn LLC grew its stake in iShares Silver Trust by 4.4% in the fourth quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock valued at $252,000 after acquiring an additional 505 shares during the period. Private Trust Co. NA grew its stake in iShares Silver Trust by 17.9% in the fourth quarter. Private Trust Co. NA now owns 3,893 shares of the exchange traded fund’s stock valued at $85,000 after acquiring an additional 591 shares during the period. Lesa Sroufe & Co grew its stake in iShares Silver Trust by 0.5% in the fourth quarter. Lesa Sroufe & Co now owns 132,099 shares of the exchange traded fund’s stock valued at $2,877,000 after acquiring an additional 661 shares during the period. Finally, Cornerstone Wealth Management LLC grew its stake in iShares Silver Trust by 2.0% in the fourth quarter. Cornerstone Wealth Management LLC now owns 37,024 shares of the exchange traded fund’s stock valued at $806,000 after acquiring an additional 735 shares during the period.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $24.95 on Thursday. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $27.24. The stock has a 50 day moving average price of $23.86 and a two-hundred day moving average price of $22.19. The stock has a market capitalization of $11.71 billion, a PE ratio of -7.01 and a beta of 0.43.

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.