Boston Financial Mangement LLC Purchases 11,870 Shares of iShares Silver Trust (NYSEARCA:SLV)

Boston Financial Mangement LLC raised its position in iShares Silver Trust (NYSEARCA:SLV) by 15.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 90,998 shares of the exchange traded fund’s stock after purchasing an additional 11,870 shares during the period. Boston Financial Mangement LLC’s holdings in iShares Silver Trust were worth $2,585,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. AlphaMark Advisors LLC increased its stake in iShares Silver Trust by 57.2% in the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 372 shares in the last quarter. Spartan Fund Management Inc. bought a new stake in iShares Silver Trust in the third quarter valued at approximately $28,000. Triad Wealth Partners LLC bought a new stake in iShares Silver Trust in the second quarter valued at approximately $29,000. Jamison Private Wealth Management Inc. bought a new stake in iShares Silver Trust in the third quarter valued at approximately $31,000. Finally, Strategic Financial Concepts LLC bought a new stake in iShares Silver Trust in the second quarter valued at approximately $32,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $31.40 on Wednesday. The company has a 50 day moving average price of $28.22 and a two-hundred day moving average price of $27.16. iShares Silver Trust has a 52 week low of $20.07 and a 52 week high of $31.80. The company has a market capitalization of $14.74 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.