iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Claro Advisors LLC

Claro Advisors LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 10.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,190 shares of the exchange traded fund’s stock after buying an additional 775 shares during the period. Claro Advisors LLC’s holdings in iShares Silver Trust were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ironwood Wealth Management LLC. purchased a new position in shares of iShares Silver Trust in the second quarter valued at $202,000. Envestnet Asset Management Inc. boosted its position in shares of iShares Silver Trust by 27.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock worth $31,633,000 after buying an additional 259,988 shares in the last quarter. Moors & Cabot Inc. grew its stake in iShares Silver Trust by 5.5% in the 2nd quarter. Moors & Cabot Inc. now owns 34,934 shares of the exchange traded fund’s stock valued at $928,000 after acquiring an additional 1,823 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in iShares Silver Trust by 13.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 58,983 shares of the exchange traded fund’s stock valued at $1,567,000 after acquiring an additional 6,943 shares in the last quarter. Finally, Blair William & Co. IL raised its position in iShares Silver Trust by 8.5% during the second quarter. Blair William & Co. IL now owns 14,485 shares of the exchange traded fund’s stock worth $385,000 after acquiring an additional 1,129 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $27.96 on Thursday. The firm’s 50-day moving average is $27.68 and its two-hundred day moving average is $27.66. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The company has a market capitalization of $13.12 billion, a PE ratio of -7.01 and a beta of 0.43.

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.