Mezzasalma Advisors LLC Makes New Investment in iShares Silver Trust (NYSEARCA:SLV)

Mezzasalma Advisors LLC purchased a new position in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 45,350 shares of the exchange traded fund’s stock, valued at approximately $1,194,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in SLV. SOA Wealth Advisors LLC. purchased a new position in shares of iShares Silver Trust in the 4th quarter worth about $47,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $307,000. Tandem Financial LLC purchased a new position in iShares Silver Trust in the 4th quarter worth approximately $109,000. Strategic Financial Concepts LLC bought a new position in iShares Silver Trust in the 4th quarter valued at approximately $2,660,000. Finally, Consolidated Portfolio Review Corp lifted its position in iShares Silver Trust by 1,208.2% in the 4th quarter. Consolidated Portfolio Review Corp now owns 113,068 shares of the exchange traded fund’s stock valued at $2,977,000 after acquiring an additional 104,425 shares in the last quarter.

iShares Silver Trust Price Performance

SLV stock opened at $29.03 on Friday. iShares Silver Trust has a 1-year low of $20.11 and a 1-year high of $31.80. The stock has a market capitalization of $13.63 billion, a P/E ratio of -7.01 and a beta of 0.43. The business has a fifty day moving average price of $27.77 and a 200-day moving average price of $27.73.

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.