Ignite Planners LLC Acquires Shares of 11,522 iShares Silver Trust (NYSEARCA:SLV)

Ignite Planners LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,522 shares of the exchange traded fund’s stock, valued at approximately $327,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Transcendent Capital Group LLC bought a new position in shares of iShares Silver Trust during the fourth quarter worth approximately $26,000. AlphaMark Advisors LLC grew its position in iShares Silver Trust by 57.2% during the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 372 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in iShares Silver Trust during the second quarter worth approximately $29,000. Strategic Financial Concepts LLC acquired a new stake in iShares Silver Trust during the second quarter worth approximately $32,000. Finally, West Oak Capital LLC grew its position in iShares Silver Trust by 102.3% during the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 655 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $28.00 on Wednesday. The stock’s fifty day moving average price is $26.96 and its two-hundred day moving average price is $26.56. The company has a market cap of $13.14 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $19.80 and a fifty-two week high of $30.07.

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.