Fulcrum Equity Management Makes New $596,000 Investment in iShares Silver Trust $SLV

Fulcrum Equity Management acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 9,258 shares of the exchange traded fund’s stock, valued at approximately $596,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. United Capital Management of KS Inc. grew its holdings in iShares Silver Trust by 3.3% during the third quarter. United Capital Management of KS Inc. now owns 6,999 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 221 shares during the period. JT Stratford LLC lifted its holdings in iShares Silver Trust by 2.7% in the third quarter. JT Stratford LLC now owns 8,429 shares of the exchange traded fund’s stock valued at $357,000 after acquiring an additional 225 shares during the period. Redhawk Wealth Advisors Inc. lifted its holdings in iShares Silver Trust by 2.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock valued at $501,000 after acquiring an additional 239 shares during the period. Swisher Financial Concepts Inc. boosted its position in iShares Silver Trust by 1.4% in the 3rd quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock worth $729,000 after purchasing an additional 240 shares in the last quarter. Finally, Nexus Investment Management ULC boosted its position in iShares Silver Trust by 50.0% in the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 250 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $65.68 on Friday. The stock has a market capitalization of $36.16 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The firm’s 50 day simple moving average is $78.57 and its 200-day simple moving average is $59.11. iShares Silver Trust has a 12 month low of $26.57 and a 12 month high of $109.83.

iShares Silver Trust News Roundup

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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