Schaper Benz & Wise Investment Counsel Inc. WI Buys 5,790 Shares of iShares Silver Trust (NYSEARCA:SLV)

Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 55.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,163 shares of the exchange traded fund’s stock after purchasing an additional 5,790 shares during the quarter. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in iShares Silver Trust were worth $426,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in iShares Silver Trust in the 4th quarter valued at about $25,000. Key Client Fiduciary Advisors LLC grew its position in shares of iShares Silver Trust by 406.5% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. lifted its holdings in iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $29,000. Finally, Smartleaf Asset Management LLC boosted its stake in iShares Silver Trust by 671.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 1,115 shares during the period.

iShares Silver Trust Stock Performance

SLV opened at $29.59 on Friday. The stock has a fifty day moving average of $28.37 and a 200-day moving average of $28.25. iShares Silver Trust has a fifty-two week low of $21.97 and a fifty-two week high of $31.80. The company has a market capitalization of $14.13 billion, a P/E ratio of -8.33 and a beta of 0.74.

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.