Tandem Financial LLC Makes New $109,000 Investment in iShares Silver Trust (NYSEARCA:SLV)

Tandem Financial LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 4,154 shares of the exchange traded fund’s stock, valued at approximately $109,000.

Other institutional investors have also made changes to their positions in the company. Strategic Financial Concepts LLC bought a new position in iShares Silver Trust during the fourth quarter valued at approximately $2,660,000. Consolidated Portfolio Review Corp lifted its stake in shares of iShares Silver Trust by 1,208.2% in the 4th quarter. Consolidated Portfolio Review Corp now owns 113,068 shares of the exchange traded fund’s stock valued at $2,977,000 after purchasing an additional 104,425 shares during the last quarter. Foguth Wealth Management LLC. boosted its holdings in iShares Silver Trust by 7.7% in the fourth quarter. Foguth Wealth Management LLC. now owns 13,610 shares of the exchange traded fund’s stock worth $380,000 after purchasing an additional 973 shares in the last quarter. Choreo LLC increased its position in iShares Silver Trust by 11.4% during the fourth quarter. Choreo LLC now owns 28,280 shares of the exchange traded fund’s stock worth $745,000 after buying an additional 2,887 shares during the last quarter. Finally, Deltec Asset Management LLC raised its holdings in iShares Silver Trust by 19.2% during the fourth quarter. Deltec Asset Management LLC now owns 96,540 shares of the exchange traded fund’s stock valued at $2,542,000 after buying an additional 15,540 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $29.38 on Friday. The stock has a market capitalization of $13.79 billion, a P/E ratio of -7.01 and a beta of 0.43. The business has a 50-day moving average of $27.74 and a two-hundred day moving average of $27.71. iShares Silver Trust has a fifty-two week low of $20.11 and a fifty-two week high of $31.80.

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.