Oppenheimer & Co. Inc. Raises Stock Holdings in iShares Silver Trust $SLV

Oppenheimer & Co. Inc. raised its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 36.0% in the third quarter, Holdings Channel.com reports. The firm owned 259,817 shares of the exchange traded fund’s stock after buying an additional 68,738 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares Silver Trust were worth $11,008,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SLV. Raymond James Financial Inc. increased its stake in shares of iShares Silver Trust by 1.0% in the second quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock worth $81,118,000 after buying an additional 25,584 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares Silver Trust by 1.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock valued at $85,732,000 after acquiring an additional 26,710 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after acquiring an additional 273,913 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares Silver Trust by 4.5% during the 2nd quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock worth $42,347,000 after acquiring an additional 55,180 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of iShares Silver Trust by 11.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,133,120 shares of the exchange traded fund’s stock worth $37,142,000 after purchasing an additional 120,560 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $76.04 on Tuesday. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The firm’s 50-day simple moving average is $71.25 and its 200-day simple moving average is $51.54. The firm has a market cap of $41.86 billion, a PE ratio of -8.51 and a beta of 0.38.

iShares Silver Trust News Roundup

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iShares Silver Trust Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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

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