Key Client Fiduciary Advisors LLC Has $26,000 Position in iShares Silver Trust (NYSEARCA:SLV)

Key Client Fiduciary Advisors LLC lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 406.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,012 shares of the exchange traded fund’s stock after buying an additional 4,825 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in iShares Silver Trust were worth $26,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Quadrature Capital Ltd acquired a new position in iShares Silver Trust during the third quarter valued at approximately $91,122,000. Toronto Dominion Bank raised its stake in shares of iShares Silver Trust by 18.6% during the 3rd quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock worth $64,883,000 after purchasing an additional 358,806 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of iShares Silver Trust by 258.4% in the 3rd 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 last quarter. Commonwealth Equity Services LLC grew its stake in shares of iShares Silver Trust by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after buying an additional 30,116 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares Silver Trust by 14.5% in the second quarter. Cetera Investment Advisers now owns 935,476 shares of the exchange traded fund’s stock valued at $24,856,000 after buying an additional 118,715 shares in the last quarter.

iShares Silver Trust Trading Down 1.0 %

NYSEARCA SLV opened at $27.77 on Friday. The firm has a market capitalization of $13.03 billion, a P/E ratio of -7.01 and a beta of 0.43. The firm’s fifty day moving average price is $27.63 and its two-hundred day moving average price is $27.68. iShares Silver Trust has a 1 year low of $20.11 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.