Concurrent Investment Advisors LLC Raises Position in iShares Silver Trust (NYSEARCA:SLV)

Concurrent Investment Advisors LLC lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 23.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,826 shares of the exchange traded fund’s stock after purchasing an additional 6,290 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Silver Trust were worth $864,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC lifted its stake in shares of iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. lifted its stake in shares of 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 valued at $26,000 after buying an additional 972 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in iShares Silver Trust in the 4th quarter worth $29,000. Finally, Hantz Financial Services Inc. purchased a new stake in iShares Silver Trust in the 4th quarter worth $35,000.

iShares Silver Trust Stock Down 1.2 %

Shares of iShares Silver Trust stock opened at $29.59 on Monday. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s 50-day simple moving average is $27.98 and its 200-day simple moving average is $28.03. iShares Silver Trust has a 52 week low of $20.45 and a 52 week high of $31.80.

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.