Daiwa Securities Group Inc. Purchases 9,500 Shares of iShares Silver Trust (NYSEARCA:SLV)

Daiwa Securities Group Inc. increased its position in iShares Silver Trust (NYSEARCA:SLV) by 30.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 41,050 shares of the exchange traded fund’s stock after acquiring an additional 9,500 shares during the quarter. Daiwa Securities Group Inc.’s holdings in iShares Silver Trust were worth $1,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in shares of iShares Silver Trust by 29.8% in the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock worth $20,015,000 after acquiring an additional 174,501 shares during the period. Fisher Asset Management LLC purchased a new position in iShares Silver Trust during the fourth quarter valued at $220,000. Schaper Benz & Wise Investment Counsel Inc. WI lifted its position in iShares Silver Trust by 55.8% during the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after purchasing an additional 5,790 shares in the last quarter. Savant Capital LLC lifted its position in iShares Silver Trust by 26.8% during the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 2,803 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 1,115 shares in the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $30.71 on Friday. The company has a market capitalization of $14.69 billion, a PE ratio of -8.87 and a beta of 0.73. The business’s fifty day moving average is $28.73 and its 200 day moving average is $28.35. iShares Silver Trust has a fifty-two week low of $22.29 and a fifty-two week high of $31.80.

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.