Cetera Advisor Networks LLC Has $14.71 Million Holdings in iShares Silver Trust (NYSEARCA:SLV)

Cetera Advisor Networks LLC raised its position in iShares Silver Trust (NYSEARCA:SLV) by 5.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 646,741 shares of the exchange traded fund’s stock after purchasing an additional 34,721 shares during the period. Cetera Advisor Networks LLC owned 0.14% of iShares Silver Trust worth $14,713,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of SLV. Pinnacle Financial Partners Inc boosted its position in iShares Silver Trust by 7.6% during the fourth quarter. Pinnacle Financial Partners Inc now owns 21,198 shares of the exchange traded fund’s stock valued at $462,000 after acquiring an additional 1,498 shares during the last quarter. Private Trust Co. NA grew its stake in iShares Silver Trust by 17.9% during the fourth quarter. Private Trust Co. NA now owns 3,893 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 591 shares during the period. Arvest Investments Inc. bought a new stake in iShares Silver Trust in the fourth quarter worth approximately $1,598,000. International Assets Investment Management LLC lifted its stake in iShares Silver Trust by 2,203.2% in the fourth quarter. International Assets Investment Management LLC now owns 236,727 shares of the exchange traded fund’s stock valued at $5,156,000 after buying an additional 226,449 shares during the period. Finally, Arkadios Wealth Advisors boosted its holdings in shares of iShares Silver Trust by 4.6% during the 4th quarter. Arkadios Wealth Advisors now owns 256,355 shares of the exchange traded fund’s stock worth $5,583,000 after buying an additional 11,386 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV traded up $0.01 during mid-day trading on Friday, hitting $26.04. The company had a trading volume of 25,324,992 shares, compared to its average volume of 23,422,461. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56. The firm has a fifty day moving average price of $27.21 and a 200 day moving average price of $24.66. The company has a market capitalization of $12.22 billion, a PE ratio of -7.01 and a beta of 0.43.

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.