Sterling Global Strategies LLC Takes $261,000 Position in iShares Silver Trust (SLV)

Sterling Global Strategies LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,352 shares of the exchange traded fund’s stock, valued at approximately $261,000. iShares Silver Trust makes up approximately 1.1% of Sterling Global Strategies LLC’s investment portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its position in iShares Silver Trust by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 21,615 shares of the exchange traded fund’s stock worth $340,000 after purchasing an additional 384 shares in the last quarter. Advisor Group Inc. increased its position in iShares Silver Trust by 1.1% during the 3rd quarter. Advisor Group Inc. now owns 278,963 shares of the exchange traded fund’s stock worth $4,390,000 after purchasing an additional 3,087 shares in the last quarter. Northern Trust Corp increased its position in iShares Silver Trust by 12.4% during the 2nd quarter. Northern Trust Corp now owns 34,116 shares of the exchange traded fund’s stock worth $536,000 after purchasing an additional 3,753 shares in the last quarter. IFG Advisory LLC acquired a new position in iShares Silver Trust during the 4th quarter worth approximately $210,000. Finally, Evanson Asset Management LLC increased its position in iShares Silver Trust by 16.0% during the 4th quarter. Evanson Asset Management LLC now owns 30,176 shares of the exchange traded fund’s stock worth $483,000 after purchasing an additional 4,168 shares in the last quarter.

iShares Silver Trust (SLV) opened at $15.88 on Thursday. iShares Silver Trust has a 12-month low of $14.44 and a 12-month high of $17.59. The stock has a market cap of $5,300.00 and a P/E ratio of -6.68.

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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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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