D.A. Davidson & CO. Boosts Stake in iShares Silver Trust (NYSEARCA:SLV)

D.A. Davidson & CO. increased its position in iShares Silver Trust (NYSEARCA:SLV) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,820 shares of the exchange traded fund’s stock after buying an additional 1,351 shares during the period. D.A. Davidson & CO.’s holdings in iShares Silver Trust were worth $3,102,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new stake in iShares Silver Trust during the fourth quarter worth approximately $25,000. Key Client Fiduciary Advisors LLC increased its stake in iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. increased its stake in iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 972 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in iShares Silver Trust during the fourth quarter worth approximately $29,000. Finally, Hantz Financial Services Inc. bought a new stake in iShares Silver Trust during the fourth quarter worth approximately $35,000.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $29.95 on Friday. The stock has a market capitalization of $14.06 billion, a P/E ratio of -7.01 and a beta of 0.43. The business’s 50 day moving average is $27.94 and its two-hundred day moving average is $27.95. iShares Silver Trust has a 1-year low of $20.45 and a 1-year high of $31.80.

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.