Keynote Financial Services LLC Acquires Shares of 15,438 iShares Silver Trust (NYSEARCA:SLV)

Keynote Financial Services LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 15,438 shares of the exchange traded fund’s stock, valued at approximately $351,000.

A number of other hedge funds have also bought and sold shares of SLV. Transcendent Capital Group LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $34,000. Tennessee Valley Asset Management Partners bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $34,000. OLD Point Trust & Financial Services N A bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $42,000. Finally, Pingora Partners LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $44,000.

iShares Silver Trust Trading Up 0.0 %

Shares of NYSEARCA SLV traded up $0.01 during mid-day trading on Friday, reaching $26.04. The company had a trading volume of 25,324,992 shares, compared to its average volume of 23,422,461. The business’s 50-day moving average is $27.21 and its 200-day moving average is $24.66. The stock has a market cap of $12.22 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56.

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.