MSA Advisors LLC Acquires New Stake in iShares Silver Trust $SLV

MSA Advisors LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, Holdings Channel reports. The firm acquired 477,745 shares of the exchange traded fund’s stock, valued at approximately $30,776,000. iShares Silver Trust accounts for 7.7% of MSA Advisors LLC’s holdings, making the stock its 3rd largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Blair William & Co. IL increased its holdings in iShares Silver Trust by 116.6% in the fourth quarter. Blair William & Co. IL now owns 401,524 shares of the exchange traded fund’s stock valued at $25,866,000 after purchasing an additional 216,153 shares during the period. Rothschild Wealth LLC acquired a new stake in iShares Silver Trust in the fourth quarter valued at $258,000. Bluedoor Private Wealth LLC acquired a new stake in iShares Silver Trust in the fourth quarter valued at $341,000. Oarsman Capital Inc. increased its holdings in iShares Silver Trust by 8.8% in the fourth quarter. Oarsman Capital Inc. now owns 7,071 shares of the exchange traded fund’s stock valued at $456,000 after purchasing an additional 574 shares during the period. Finally, Tableaux LLC acquired a new stake in iShares Silver Trust in the fourth quarter valued at $133,233,000.

iShares Silver Trust Stock Down 0.1%

NYSEARCA SLV opened at $63.39 on Wednesday. The company has a market capitalization of $35.88 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a twelve month low of $32.06 and a twelve month high of $109.83. The stock has a fifty day simple moving average of $68.25 and a 200 day simple moving average of $69.91.

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. 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.