Foguth Wealth Management LLC. lifted its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,610 shares of the exchange traded fund’s stock after acquiring an additional 973 shares during the period. Foguth Wealth Management LLC.’s holdings in iShares Silver Trust were worth $380,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of SLV. Quadrature Capital Ltd acquired a new stake in iShares Silver Trust in the 3rd quarter worth $91,122,000. Toronto Dominion Bank lifted its stake in shares of iShares Silver Trust by 18.6% in the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after buying an additional 358,806 shares during the period. Bank of Montreal Can grew its position in iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after buying an additional 1,370,298 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in iShares Silver Trust by 1.6% during the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after acquiring an additional 30,116 shares during the period. Finally, Money Design Co. Ltd. raised its holdings in iShares Silver Trust by 1.7% in the 3rd quarter. Money Design Co. Ltd. now owns 822,380 shares of the exchange traded fund’s stock valued at $23,364,000 after acquiring an additional 13,473 shares in the last quarter.
iShares Silver Trust Price Performance
Shares of SLV stock opened at $29.22 on Wednesday. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80. The stock has a fifty day moving average price of $27.67 and a 200 day moving average price of $27.69. The stock has a market cap of $13.71 billion, a P/E ratio of -7.01 and a beta of 0.43.
iShares Silver Trust Company 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.
See Also
- Five stocks we like better than iShares Silver Trust
- Expert Stock Trading Psychology Tips
- Market Volatility Creates Opportunity in These 3 Value Stocks
- How Investors Can Find the Best Cheap Dividend Stocks
- Visa and Mastercard Remain Strong Plays as Consumers Keep Swiping
- What Are Dividend Achievers? An Introduction
- 2 High-Yield Consumer Staples Stocks Ready to Deliver Big Returns
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.