Jones Financial Companies Lllp Buys 51,688 Shares of iShares Silver Trust (NYSEARCA:SLV)

Jones Financial Companies Lllp lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 59.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 139,361 shares of the exchange traded fund’s stock after purchasing an additional 51,688 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares Silver Trust were worth $3,669,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SRS Capital Advisors Inc. raised its position in iShares Silver Trust by 292.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 20,751 shares of the exchange traded fund’s stock worth $546,000 after purchasing an additional 15,469 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in iShares Silver Trust during the 4th quarter worth approximately $53,000. Smartleaf Asset Management LLC lifted its position in shares of iShares Silver Trust by 671.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,115 shares during the period. Wilmar Advisors LLC acquired a new position in iShares Silver Trust in the fourth quarter valued at $1,632,000. Finally, Duncker Streett & Co. Inc. lifted its stake in shares of iShares Silver Trust by 235.1% in the 4th quarter. Duncker Streett & Co. Inc. now owns 2,681 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 1,881 shares during the period.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $29.00 on Wednesday. The stock’s 50 day moving average price is $28.17 and its two-hundred day moving average price is $28.18. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 52-week low of $21.64 and a 52-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.