SBI Securities Co. Ltd. purchased a new stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 127,528 shares of the exchange traded fund’s stock, valued at approximately $3,358,000.
Several other institutional investors have also recently made changes to their positions in SLV. Eagle Bay Advisors LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter worth approximately $25,000. McClarren Financial Advisors Inc. increased its stake 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 valued at $26,000 after purchasing an additional 972 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in iShares Silver Trust during the fourth quarter worth $29,000. Smartleaf Asset Management LLC lifted its stake in shares of iShares Silver Trust by 671.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 1,115 shares in the last quarter. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares Silver Trust in the fourth quarter valued at $35,000.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $28.31 on Monday. iShares Silver Trust has a one year low of $20.61 and a one year high of $31.80. The company has a market cap of $13.52 billion, a PE ratio of -8.33 and a beta of 0.74. The firm has a 50-day moving average of $28.14 and a 200-day moving average of $28.16.
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.
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