Daiwa Securities Group Inc. Grows Position in iShares Silver Trust (NYSEARCA:SLV)

Daiwa Securities Group Inc. increased its position in iShares Silver Trust (NYSEARCA:SLV) by 30.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,050 shares of the exchange traded fund’s stock after purchasing an additional 9,500 shares during the quarter. Daiwa Securities Group Inc.’s holdings in iShares Silver Trust were worth $1,081,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Quadrature Capital Ltd bought a new position in iShares Silver Trust during the 3rd quarter valued at approximately $91,122,000. Toronto Dominion Bank increased its holdings in shares of iShares Silver Trust by 18.6% in the 3rd quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock worth $64,883,000 after purchasing an additional 358,806 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Silver Trust in the 4th quarter worth $57,303,000. Proficio Capital Partners LLC increased its holdings in shares of iShares Silver Trust by 715.2% in the 4th quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock worth $55,781,000 after purchasing an additional 1,858,658 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of iShares Silver Trust by 258.4% in the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after purchasing an additional 1,370,298 shares in the last quarter.

iShares Silver Trust Trading Down 0.1 %

iShares Silver Trust stock opened at $30.71 on Friday. The firm has a market cap of $14.69 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. The stock has a fifty day simple moving average of $28.73 and a two-hundred day simple moving average of $28.35. iShares Silver Trust has a 12 month low of $22.29 and a 12 month high of $31.80.

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.