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

Commonwealth Equity Services LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,939,706 shares of the exchange traded fund’s stock after purchasing an additional 63,810 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Silver Trust were worth $51,072,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Pettinga Financial Advisors LLC lifted its stake in iShares Silver Trust by 0.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 108,860 shares of the exchange traded fund’s stock worth $3,093,000 after purchasing an additional 658 shares in the last quarter. Assetmark Inc. lifted its stake in iShares Silver Trust by 10.0% in the 3rd quarter. Assetmark Inc. now owns 45,110 shares of the exchange traded fund’s stock worth $1,282,000 after purchasing an additional 4,102 shares in the last quarter. Atria Investments Inc lifted its stake in iShares Silver Trust by 114.7% in the 3rd quarter. Atria Investments Inc now owns 52,995 shares of the exchange traded fund’s stock worth $1,506,000 after purchasing an additional 28,312 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in iShares Silver Trust by 38.7% in the 3rd quarter. Apollon Wealth Management LLC now owns 56,241 shares of the exchange traded fund’s stock worth $1,598,000 after purchasing an additional 15,702 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of iShares Silver Trust by 32.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 197,703 shares of the exchange traded fund’s stock worth $5,617,000 after buying an additional 47,905 shares during the last quarter.

iShares Silver Trust Stock Down 0.1 %

iShares Silver Trust stock opened at $30.71 on Friday. The company’s 50-day moving average price is $28.65 and its 200-day moving average price is $28.32. iShares Silver Trust has a twelve month low of $22.29 and a twelve month high of $31.80. The company has a market cap of $14.66 billion, a PE ratio of -8.33 and a beta of 0.74.

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.