Park Avenue Securities LLC Has $1.18 Million Stake in iShares Silver Trust (NYSEARCA:SLV)

Park Avenue Securities LLC lifted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 30.3% during the 3rd quarter, Holdings Channel reports. The fund owned 41,589 shares of the exchange traded fund’s stock after acquiring an additional 9,680 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Silver Trust were worth $1,182,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. NWI Management LP raised its position in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after acquiring an additional 5,263,305 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in iShares Silver Trust by 16.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,845,780 shares of the exchange traded fund’s stock valued at $49,042,000 after purchasing an additional 257,022 shares during the period. Meitav Investment House Ltd. acquired a new position in iShares Silver Trust during the 2nd quarter valued at about $45,688,000. SG Americas Securities LLC boosted its stake in shares of iShares Silver Trust by 32.3% in the 1st quarter. SG Americas Securities LLC now owns 1,574,171 shares of the exchange traded fund’s stock valued at $35,812,000 after purchasing an additional 384,056 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of iShares Silver Trust by 17.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock worth $35,923,000 after buying an additional 204,606 shares during the period.

iShares Silver Trust Stock Performance

SLV opened at $28.00 on Wednesday. The company has a fifty day moving average price of $26.96 and a two-hundred day moving average price of $26.56. The firm has a market capitalization of $13.14 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $19.80 and a 52 week high of $30.07.

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.