iShares Silver Trust $SLV Shares Acquired by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC increased its stake in iShares Silver Trust (NYSEARCA:SLV) by 101.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,723 shares of the exchange traded fund’s stock after buying an additional 31,636 shares during the quarter. Crescent Grove Advisors LLC’s holdings in iShares Silver Trust were worth $4,041,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Sarver Vrooman Wealth Advisors acquired a new stake in iShares Silver Trust during the 4th quarter valued at approximately $30,000. Rialto Wealth Management LLC acquired a new stake in iShares Silver Trust during the 4th quarter valued at approximately $33,000. BOK Financial Private Wealth Inc. acquired a new stake in iShares Silver Trust during the 4th quarter valued at approximately $34,000. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in iShares Silver Trust by 274.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 425 shares in the last quarter. Finally, Bangor Savings Bank acquired a new stake in iShares Silver Trust during the 4th quarter valued at approximately $38,000.

iShares Silver Trust Stock Down 2.6%

Shares of NYSEARCA SLV opened at $66.21 on Thursday. iShares Silver Trust has a fifty-two week low of $31.23 and a fifty-two week high of $109.83. The business has a 50 day moving average price of $68.81 and a two-hundred day moving average price of $68.93. The firm has a market cap of $37.47 billion, a PE ratio of -8.51 and a beta of 0.45.

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.