Stephens Inc. AR Has $10.50 Million Stake in iShares Silver Trust $SLV

Stephens Inc. AR grew its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 17.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 162,635 shares of the exchange traded fund’s stock after purchasing an additional 23,807 shares during the period. Stephens Inc. AR’s holdings in iShares Silver Trust were worth $10,497,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Raymond James Financial Inc. grew its stake in shares of iShares Silver Trust by 12.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after buying an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares Silver Trust by 27.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after buying an additional 573,660 shares in the last quarter. Mainstay Capital Management LLC ADV grew its stake in shares of iShares Silver Trust by 82.5% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after buying an additional 824,589 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Silver Trust by 5.7% in the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock valued at $74,153,000 after buying an additional 94,521 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of iShares Silver Trust by 20.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after buying an additional 273,913 shares in the last quarter.

More iShares Silver Trust News

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iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $69.04 on Friday. The stock has a market cap of $39.08 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The business has a 50 day simple moving average of $69.84 and a 200 day simple moving average of $66.60. iShares Silver Trust has a 52 week low of $29.09 and a 52 week high of $109.83.

iShares Silver Trust Company 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.

Further Reading

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

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