FLC Capital Advisors Has $395,000 Stake in iShares Silver Trust (NYSEARCA:SLV)

FLC Capital Advisors boosted its stake in iShares Silver Trust (NYSEARCA:SLV) by 51.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,000 shares of the exchange traded fund’s stock after acquiring an additional 5,074 shares during the quarter. FLC Capital Advisors’ holdings in iShares Silver Trust were worth $395,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quadrature Capital Ltd bought a new position in shares of iShares Silver Trust during the 3rd quarter worth approximately $91,122,000. Bank of Montreal Can boosted its holdings in 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 purchasing an additional 1,370,298 shares during the last quarter. DRW Securities LLC grew its holdings in shares of iShares Silver Trust by 1,019.8% in the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock valued at $19,598,000 after acquiring an additional 764,813 shares in the last quarter. RIA Advisory Group LLC acquired a new position in iShares Silver Trust during the third quarter valued at approximately $20,773,000. Finally, International Assets Investment Management LLC grew its stake in iShares Silver Trust by 3,449.3% in the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after purchasing an additional 524,609 shares in the last quarter.

iShares Silver Trust Stock Down 1.5 %

Shares of iShares Silver Trust stock opened at $27.61 on Monday. The stock has a market cap of $12.96 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The business’s 50 day moving average is $27.63 and its 200-day moving average is $27.68.

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.