Wealthspire Advisors LLC Raises Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Wealthspire Advisors LLC lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 6.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,880 shares of the exchange traded fund’s stock after purchasing an additional 829 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares Silver Trust were worth $339,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SLV. Quadrature Capital Ltd purchased a new stake in iShares Silver Trust during the 3rd quarter worth about $91,122,000. Toronto Dominion Bank increased its stake in shares of iShares Silver Trust by 18.6% during the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock worth $64,883,000 after buying an additional 358,806 shares during the period. Bank of Montreal Can increased its stake in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after buying an additional 1,370,298 shares during the period. MML Investors Services LLC raised its holdings in iShares Silver Trust by 3.6% in the third quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after acquiring an additional 26,281 shares in the last quarter. Finally, Cadence Wealth Management LLC lifted its stake in iShares Silver Trust by 26.2% in the third quarter. Cadence Wealth Management LLC now owns 760,065 shares of the exchange traded fund’s stock worth $21,593,000 after acquiring an additional 158,016 shares during the last quarter.

iShares Silver Trust Trading Down 1.9 %

Shares of SLV stock opened at $28.40 on Friday. The company has a market cap of $13.56 billion, a P/E ratio of -8.33 and a beta of 0.74. The firm has a fifty day moving average price of $28.11 and a 200 day moving average price of $28.10. iShares Silver Trust has a 12 month low of $20.45 and a 12 month high of $31.80.

About iShares Silver Trust

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.