Coordinated Financial Services Inc. Purchases New Position in iShares Silver Trust (NYSEARCA:SLV)

Coordinated Financial Services Inc. purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 9,500 shares of the exchange traded fund’s stock, valued at approximately $250,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Savant Capital LLC grew its stake in shares of iShares Silver Trust by 26.8% during the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after acquiring an additional 2,803 shares in the last quarter. ROI Financial Advisors LLC raised its holdings in shares of iShares Silver Trust by 64.0% during the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock valued at $774,000 after buying an additional 10,626 shares during the last quarter. FMR LLC increased its stake in shares of iShares Silver Trust by 46.4% during the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 5,135 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of iShares Silver Trust by 5.7% during the third quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock valued at $3,879,000 after acquiring an additional 7,388 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of iShares Silver Trust by 2.0% during the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock valued at $5,575,000 after acquiring an additional 3,901 shares during the period.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $29.59 on Friday. The firm has a market cap of $14.13 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 1 year low of $21.97 and a 1 year high of $31.80. The firm’s 50 day moving average price is $28.37 and its two-hundred day moving average price is $28.25.

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.