Rule One Partners LLC Invests $132,000 in iShares Silver Trust (NYSEARCA:SLV)

Rule One Partners LLC purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, Holdings Channel.com reports. The fund purchased 5,001 shares of the exchange traded fund’s stock, valued at approximately $132,000. iShares Silver Trust comprises 0.1% of Rule One Partners LLC’s investment portfolio, making the stock its 9th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new stake in shares of iShares Silver Trust in the 4th quarter worth $193,000. Milestone Asset Management LLC boosted its stake in shares of iShares Silver Trust by 18.2% in the fourth quarter. Milestone Asset Management LLC now owns 103,399 shares of the exchange traded fund’s stock valued at $2,722,000 after buying an additional 15,907 shares in the last quarter. Strategic Blueprint LLC grew its holdings in iShares Silver Trust by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 392 shares during the period. Hantz Financial Services Inc. acquired a new stake in iShares Silver Trust in the fourth quarter valued at $35,000. Finally, Mayflower Financial Advisors LLC boosted its position in shares of iShares Silver Trust by 12.6% during the 4th quarter. Mayflower Financial Advisors LLC now owns 9,424 shares of the exchange traded fund’s stock worth $248,000 after purchasing an additional 1,051 shares in the last quarter.

iShares Silver Trust Stock Up 2.6 %

NYSEARCA:SLV opened at $28.72 on Friday. iShares Silver Trust has a fifty-two week low of $20.11 and a fifty-two week high of $31.80. The firm’s fifty day simple moving average is $27.62 and its 200-day simple moving average is $27.66. The stock has a market cap of $13.48 billion, a PE ratio of -7.01 and a beta of 0.43.

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.