Oxbow Advisors LLC Takes $257,000 Position in iShares Silver Trust (NYSEARCA:SLV)

Oxbow Advisors LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,314 shares of the exchange traded fund’s stock, valued at approximately $257,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lazard Asset Management LLC boosted its stake in shares of iShares Silver Trust by 16.3% during the 3rd quarter. Lazard Asset Management LLC now owns 21,854 shares of the exchange traded fund’s stock worth $444,000 after acquiring an additional 3,065 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of iShares Silver Trust by 6.9% during the 3rd quarter. Harbour Investments Inc. now owns 21,703 shares of the exchange traded fund’s stock worth $441,000 after acquiring an additional 1,395 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in shares of iShares Silver Trust by 286.2% during the 3rd quarter. EP Wealth Advisors LLC now owns 84,070 shares of the exchange traded fund’s stock worth $1,710,000 after acquiring an additional 62,304 shares in the last quarter. Trust Co. of Vermont boosted its stake in shares of iShares Silver Trust by 88.4% during the 3rd quarter. Trust Co. of Vermont now owns 8,525 shares of the exchange traded fund’s stock worth $173,000 after acquiring an additional 4,000 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its stake in shares of iShares Silver Trust by 16.9% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 106,184 shares of the exchange traded fund’s stock worth $2,160,000 after acquiring an additional 15,350 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV traded down $0.51 during trading hours on Friday, hitting $28.17. 5,843,463 shares of the company’s stock were exchanged, compared to its average volume of 23,890,555. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56. The stock has a market capitalization of $13.22 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company’s 50-day moving average price is $27.23 and its 200-day moving average price is $24.05.

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.