Harbour Investments Inc. Purchases 1,261 Shares of iShares Silver Trust (NYSEARCA:SLV)

Harbour Investments Inc. grew its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,514 shares of the exchange traded fund’s stock after acquiring an additional 1,261 shares during the period. Harbour Investments Inc.’s holdings in iShares Silver Trust were worth $2,015,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp increased its position in shares of iShares Silver Trust by 29.8% during the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock valued at $20,015,000 after buying an additional 174,501 shares during the period. Fisher Asset Management LLC purchased a new position in shares of iShares Silver Trust during the fourth quarter valued at about $220,000. Schaper Benz & Wise Investment Counsel Inc. WI increased its position in shares of iShares Silver Trust by 55.8% during the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after buying an additional 5,790 shares during the period. Savant Capital LLC increased its position in shares of iShares Silver Trust by 26.8% during the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after buying an additional 2,803 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in shares of iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 1,115 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $30.81 on Tuesday. iShares Silver Trust has a 1 year low of $22.29 and a 1 year high of $31.80. The company’s 50-day moving average is $28.80 and its 200 day moving average is $28.39. The stock has a market capitalization of $14.74 billion, a P/E ratio of -8.87 and a beta of 0.73.

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.