Commonwealth Equity Services LLC Buys 63,810 Shares of iShares Silver Trust (NYSEARCA:SLV)

Commonwealth Equity Services LLC raised its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,939,706 shares of the exchange traded fund’s stock after acquiring an additional 63,810 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.41% of iShares Silver Trust worth $51,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Eagle Bay Advisors LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter worth $25,000. Key Client Fiduciary Advisors LLC boosted 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 worth $26,000 after acquiring an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. boosted 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 worth $26,000 after acquiring an additional 972 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter valued at $29,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of iShares Silver Trust by 671.7% during the 4th 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.

iShares Silver Trust Stock Performance

SLV opened at $30.71 on Friday. iShares Silver Trust has a fifty-two week low of $22.29 and a fifty-two week high of $31.80. The firm’s fifty day moving average is $28.65 and its 200 day moving average is $28.32. The stock has a market cap of $14.66 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74.

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.