Steward Partners Investment Advisory LLC Buys 21,330 Shares of iShares Silver Trust (NYSEARCA:SLV)

Steward Partners Investment Advisory LLC raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 9.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 242,443 shares of the exchange traded fund’s stock after purchasing an additional 21,330 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.05% of iShares Silver Trust worth $6,384,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SLV. Quadrature Capital Ltd purchased a new position in iShares Silver Trust during the 3rd quarter valued at about $91,122,000. Proficio Capital Partners LLC grew its position 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 buying an additional 1,858,658 shares during the last quarter. Bank of Montreal Can increased its stake in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after buying an additional 1,370,298 shares during the period. DRW Securities LLC raised its holdings in shares of iShares Silver Trust by 1,019.8% during the third quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock valued at $19,598,000 after acquiring an additional 764,813 shares in the last quarter. Finally, RIA Advisory Group LLC purchased a new stake in iShares Silver Trust in the third quarter worth $20,773,000.

iShares Silver Trust Trading Up 2.7 %

Shares of iShares Silver Trust stock opened at $29.77 on Thursday. iShares Silver Trust has a 12-month low of $21.86 and a 12-month high of $31.80. The company has a market cap of $14.21 billion, a P/E ratio of -8.33 and a beta of 0.74. The company’s fifty day simple moving average is $28.21 and its two-hundred day simple moving average is $28.20.

iShares Silver Trust Company 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.