Creative Financial Designs Inc. ADV Acquires 1,880 Shares of iShares Silver Trust (NYSEARCA:SLV)

Creative Financial Designs Inc. ADV increased its position in iShares Silver Trust (NYSEARCA:SLV) by 13.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,171 shares of the exchange traded fund’s stock after acquiring an additional 1,880 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares Silver Trust were worth $426,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Basso Capital Management L.P. increased its holdings in iShares Silver Trust by 102.7% in the 4th quarter. Basso Capital Management L.P. now owns 15,000 shares of the exchange traded fund’s stock worth $395,000 after acquiring an additional 7,600 shares in the last quarter. IMG Wealth Management Inc. purchased a new stake in iShares Silver Trust in the 4th quarter worth approximately $1,629,000. GWN Securities Inc. purchased a new stake in iShares Silver Trust in the 4th quarter worth approximately $800,000. Harbour Investments Inc. increased its holdings in iShares Silver Trust by 1.7% in the 4th quarter. Harbour Investments Inc. now owns 76,514 shares of the exchange traded fund’s stock worth $2,015,000 after acquiring an additional 1,261 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in iShares Silver Trust by 15.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,493 shares of the exchange traded fund’s stock valued at $698,000 after buying an additional 3,459 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $30.85 on Wednesday. iShares Silver Trust has a 1 year low of $22.29 and a 1 year high of $31.80. The company has a 50 day simple moving average of $28.87 and a two-hundred day simple moving average of $28.43. The firm has a market cap of $14.76 billion, a P/E ratio of -8.87 and a beta of 0.73.

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.