Oppenheimer & Co. Inc. boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 12.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 223,009 shares of the exchange traded fund’s stock after purchasing an additional 25,306 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares Silver Trust were worth $5,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Moloney Securities Asset Management LLC lifted its position in iShares Silver Trust by 3.3% during the third quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 356 shares during the period. Riggs Asset Managment Co. Inc. raised its position in shares of iShares Silver Trust by 4.3% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock worth $234,000 after acquiring an additional 364 shares during the period. Redhawk Wealth Advisors Inc. raised its position in shares of iShares Silver Trust by 4.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after acquiring an additional 372 shares during the period. Raymond James Trust N.A. raised its position in shares of iShares Silver Trust by 3.1% in the third quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock worth $366,000 after acquiring an additional 383 shares during the period. Finally, Strategic Blueprint LLC raised its position in shares of iShares Silver Trust by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 392 shares during the period.
iShares Silver Trust Stock Performance
Shares of iShares Silver Trust stock opened at $28.31 on Friday. The firm has a 50-day simple moving average of $28.11 and a two-hundred day simple moving average of $28.10. The company has a market cap of $13.52 billion, a P/E ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a fifty-two week low of $20.61 and a fifty-two week high of $31.80.
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.
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