Commerce Bank Has $571,000 Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Commerce Bank decreased its stake in shares of iShares Silver Trust (NYSEARCA:SLVGet Rating) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,920 shares of the exchange traded fund’s stock after selling 965 shares during the quarter. Commerce Bank’s holdings in iShares Silver Trust were worth $571,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank bought a new position in shares of iShares Silver Trust during the 3rd quarter worth approximately $226,000. Arkadios Wealth Advisors boosted its stake in iShares Silver Trust by 10.6% in the 4th quarter. Arkadios Wealth Advisors now owns 41,181 shares of the exchange traded fund’s stock valued at $907,000 after purchasing an additional 3,958 shares during the period. Connectus Wealth LLC bought a new stake in iShares Silver Trust in the 4th quarter valued at $714,000. Money Design Co. Ltd. boosted its stake in iShares Silver Trust by 41.4% in the 4th quarter. Money Design Co. Ltd. now owns 1,119,060 shares of the exchange traded fund’s stock valued at $24,642,000 after purchasing an additional 327,509 shares during the period. Finally, IHT Wealth Management LLC boosted its stake in iShares Silver Trust by 3.1% in the 3rd quarter. IHT Wealth Management LLC now owns 177,590 shares of the exchange traded fund’s stock valued at $3,108,000 after purchasing an additional 5,297 shares during the period.

iShares Silver Trust Stock Performance

SLV opened at $20.86 on Friday. The business has a fifty day simple moving average of $22.40 and a 200 day simple moving average of $21.26. iShares Silver Trust has a 1 year low of $16.19 and a 1 year high of $23.94.

About iShares Silver Trust

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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.

Further Reading

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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