Kohmann Bosshard Financial Services LLC Makes New $53,000 Investment in iShares Silver Trust (NYSEARCA:SLV)

Kohmann Bosshard Financial Services LLC bought a new position in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,000 shares of the exchange traded fund’s stock, valued at approximately $53,000.

A number of other institutional investors and hedge funds have also modified their holdings of SLV. Pettinga Financial Advisors LLC boosted its stake in shares of iShares Silver Trust by 0.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 108,860 shares of the exchange traded fund’s stock worth $3,093,000 after buying an additional 658 shares during the last quarter. US Bancorp DE boosted its stake in shares of iShares Silver Trust by 21.2% in the 3rd quarter. US Bancorp DE now owns 99,123 shares of the exchange traded fund’s stock worth $2,816,000 after buying an additional 17,345 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of iShares Silver Trust by 4.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 18,058 shares of the exchange traded fund’s stock worth $513,000 after buying an additional 725 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of iShares Silver Trust by 89.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 731,985 shares of the exchange traded fund’s stock worth $20,796,000 after buying an additional 345,700 shares during the last quarter. Finally, Roman Butler Fullerton & Co. boosted its stake in shares of iShares Silver Trust by 14.9% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 22,553 shares of the exchange traded fund’s stock worth $647,000 after buying an additional 2,928 shares during the last quarter.

iShares Silver Trust Price Performance

SLV stock opened at $28.75 on Tuesday. The company has a market cap of $13.73 billion, a P/E ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 1 year low of $21.39 and a 1 year high of $31.80. The stock’s fifty day moving average price is $28.17 and its 200-day moving average price is $28.18.

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.