Perennial Investment Advisors LLC Has $1.08 Million Holdings in iShares Silver Trust (NYSEARCA:SLV)

Perennial Investment Advisors LLC boosted its stake in iShares Silver Trust (NYSEARCA:SLV) by 16.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,114 shares of the exchange traded fund’s stock after purchasing an additional 5,761 shares during the period. Perennial Investment Advisors LLC’s holdings in iShares Silver Trust were worth $1,083,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Eagle Bay Advisors LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC grew its holdings in iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 4,825 shares during the period. McClarren Financial Advisors Inc. raised its position in shares of iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 972 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $29,000. Finally, Smartleaf Asset Management LLC grew its stake in iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,115 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $27.08 on Friday. iShares Silver Trust has a fifty-two week low of $23.87 and a fifty-two week high of $31.80. The stock has a 50 day simple moving average of $29.54 and a two-hundred day simple moving average of $28.75. The company has a market cap of $13.34 billion, a P/E ratio of -8.96 and a beta of 0.59.

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.