Bayshore Asset Management LLC Raises Holdings in iShares Silver Trust (NYSEARCA:SLV)

Bayshore Asset Management LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,777 shares of the exchange traded fund’s stock after purchasing an additional 1,607 shares during the period. Bayshore Asset Management LLC’s holdings in iShares Silver Trust were worth $494,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in iShares Silver Trust during the fourth quarter worth approximately $25,000. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust during the third quarter worth approximately $28,000. Jamison Private Wealth Management Inc. acquired a new position in shares of iShares Silver Trust in the 3rd quarter valued at $31,000. Peoples Bank KS raised its position in iShares Silver Trust by 334.5% in the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 970 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC acquired a new stake in iShares Silver Trust during the 3rd quarter worth $40,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $27.61 on Monday. The firm’s fifty day moving average is $27.63 and its two-hundred day moving average is $27.68. iShares Silver Trust has a one year low of $20.07 and a one year high of $31.80. The firm has a market cap of $12.96 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.