Fox Hill Wealth Management Increases Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Fox Hill Wealth Management grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 16.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 58,846 shares of the exchange traded fund’s stock after buying an additional 8,272 shares during the period. Fox Hill Wealth Management’s holdings in iShares Silver Trust were worth $1,564,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SLV. Fisher Asset Management LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter valued at $200,000. Apollon Wealth Management LLC boosted its position in iShares Silver Trust by 6.1% during the 4th quarter. Apollon Wealth Management LLC now owns 23,413 shares of the exchange traded fund’s stock worth $510,000 after purchasing an additional 1,350 shares during the period. Principal Securities Inc. purchased a new stake in iShares Silver Trust during the 4th quarter worth $590,000. Nvwm LLC purchased a new stake in iShares Silver Trust during the 4th quarter worth $57,000. Finally, Foundations Investment Advisors LLC boosted its position in iShares Silver Trust by 0.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 315,432 shares of the exchange traded fund’s stock worth $6,690,000 after purchasing an additional 1,956 shares during the period.

iShares Silver Trust Trading Down 2.9 %

Shares of iShares Silver Trust stock opened at $25.48 on Monday. The company has a fifty day moving average price of $26.56 and a 200 day moving average price of $25.60. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $29.56. The stock has a market cap of $11.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.