Allworth Financial LP Buys 34,518 Shares of iShares Silver Trust (NYSEARCA:SLV)

Allworth Financial LP raised its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 78.3% during the fourth quarter, HoldingsChannel reports. The fund owned 78,597 shares of the exchange traded fund’s stock after acquiring an additional 34,518 shares during the quarter. Allworth Financial LP’s holdings in iShares Silver Trust were worth $2,205,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Alpha Financial Partners LLC grew its holdings in iShares Silver Trust by 237.9% during the 3rd quarter. Alpha Financial Partners LLC now owns 33,184 shares of the exchange traded fund’s stock valued at $943,000 after purchasing an additional 23,364 shares during the last quarter. Net Worth Advisory Group bought a new position in shares of iShares Silver Trust during the third quarter valued at approximately $232,000. Whittier Trust Co. grew its stake in shares of iShares Silver Trust by 31.7% during the third quarter. Whittier Trust Co. now owns 31,150 shares of the exchange traded fund’s stock valued at $885,000 after buying an additional 7,500 shares during the last quarter. Bayshore Asset Management LLC purchased a new stake in shares of iShares Silver Trust in the third quarter worth approximately $488,000. Finally, Foundations Investment Advisors LLC lifted its stake in shares of iShares Silver Trust by 15.5% during the 3rd quarter. Foundations Investment Advisors LLC now owns 411,586 shares of the exchange traded fund’s stock worth $11,693,000 after acquiring an additional 55,337 shares during the last quarter.

iShares Silver Trust Stock Up 2.0 %

SLV stock opened at $29.91 on Wednesday. iShares Silver Trust has a twelve month low of $20.45 and a twelve month high of $31.80. The firm has a market cap of $14.04 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business’s fifty day simple moving average is $27.89 and its two-hundred day simple moving average is $27.92.

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.