Commonwealth Equity Services LLC Grows Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Commonwealth Equity Services LLC increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 27.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,601,570 shares of the exchange traded fund’s stock after acquiring an additional 343,004 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Silver Trust were worth $34,882,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth about $25,000. BluePath Capital Management LLC acquired a new stake in shares of iShares Silver Trust during the 3rd quarter worth about $26,000. Asset Dedication LLC lifted its stake in iShares Silver Trust by 180.5% during the third quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 928 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new position in iShares Silver Trust in the fourth quarter valued at approximately $34,000. Finally, BKM Wealth Management LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at approximately $38,000.

iShares Silver Trust Trading Down 0.6 %

SLV stock opened at $24.22 on Friday. The company’s 50 day moving average is $23.59 and its two-hundred day moving average is $22.11. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $27.24. The stock has a market cap of $11.37 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.