Mezzasalma Advisors LLC Acquires Shares of 45,350 iShares Silver Trust (NYSEARCA:SLV)

Mezzasalma Advisors LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,350 shares of the exchange traded fund’s stock, valued at approximately $1,194,000.

A number of other institutional investors also recently modified their holdings of the company. Quadrature Capital Ltd bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth approximately $91,122,000. Bank of Montreal Can raised its holdings in iShares Silver Trust by 258.4% in the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after purchasing an additional 1,370,298 shares in the last quarter. DRW Securities LLC boosted its stake in shares of iShares Silver Trust by 1,019.8% during the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock valued at $19,598,000 after purchasing an additional 764,813 shares in the last quarter. RIA Advisory Group LLC purchased a new stake in iShares Silver Trust in the third quarter worth about $20,773,000. Finally, International Assets Investment Management LLC lifted its holdings in iShares Silver Trust by 3,449.3% in the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after buying an additional 524,609 shares during the period.

iShares Silver Trust Stock Performance

SLV stock opened at $29.03 on Friday. iShares Silver Trust has a fifty-two week low of $20.11 and a fifty-two week high of $31.80. The company has a market capitalization of $13.63 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business’s 50 day moving average price is $27.77 and its two-hundred day moving average price is $27.73.

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.