Sigma Planning Corp Has $3 Million Holdings in iShares Silver Trust (NYSEARCA:SLV)

Sigma Planning Corp increased its stake in iShares Silver Trust (NYSEARCA:SLV) by 2.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 113,877 shares of the exchange traded fund’s stock after purchasing an additional 2,661 shares during the quarter. Sigma Planning Corp’s holdings in iShares Silver Trust were worth $2,998,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Eagle Bay Advisors LLC acquired a new stake in iShares Silver Trust during the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC lifted its holdings in 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 valued at $26,000 after purchasing an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. lifted its holdings 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 during the last quarter. Stonebridge Financial Group LLC acquired a new stake in iShares Silver Trust during the 4th quarter valued at $29,000. Finally, Hantz Financial Services Inc. acquired a new stake in iShares Silver Trust during the 4th quarter valued at $35,000.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $29.59 on Friday. The business has a fifty day simple moving average of $27.98 and a two-hundred day simple moving average of $28.00. iShares Silver Trust has a 1 year low of $20.45 and a 1 year high of $31.80. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.