OneDigital Investment Advisors LLC raised its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 7.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 51,148 shares of the exchange traded fund’s stock after acquiring an additional 3,671 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in iShares Silver Trust were worth $1,453,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of SLV. NWI Management LP grew its position in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after buying an additional 5,263,305 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares Silver Trust by 1.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock worth $53,294,000 after acquiring an additional 30,116 shares in the last quarter. Meitav Investment House Ltd. purchased a new stake in shares of iShares Silver Trust in the 2nd quarter valued at approximately $45,688,000. Raymond James Financial Services Advisors Inc. raised its holdings in shares of iShares Silver Trust by 17.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock valued at $35,923,000 after purchasing an additional 204,606 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares Silver Trust by 27.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock worth $31,633,000 after purchasing an additional 259,988 shares during the last quarter.
iShares Silver Trust Price Performance
iShares Silver Trust stock opened at $27.57 on Monday. The stock’s fifty day moving average is $28.82 and its two-hundred day moving average is $27.49. The stock has a market cap of $12.94 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $31.80.
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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