CIBC Private Wealth Group LLC Has $2.10 Million Holdings in iShares Silver Trust (NYSEARCA:SLV)

CIBC Private Wealth Group LLC lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,753 shares of the exchange traded fund’s stock after acquiring an additional 4,440 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Silver Trust were worth $2,103,000 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 bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth approximately $91,122,000. Toronto Dominion Bank raised 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 purchasing an additional 358,806 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares Silver Trust in the fourth quarter worth $57,303,000. Proficio Capital Partners LLC boosted its stake in iShares Silver Trust by 715.2% during the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock worth $55,781,000 after buying an additional 1,858,658 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in iShares Silver Trust by 3.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,939,706 shares of the exchange traded fund’s stock valued at $51,072,000 after buying an additional 63,810 shares during the period.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $30.76 on Thursday. The firm has a market cap of $15.15 billion, a P/E ratio of -8.96 and a beta of 0.59. The firm’s 50-day simple moving average is $29.53 and its 200-day simple moving average is $28.75. iShares Silver Trust has a twelve month low of $23.87 and a twelve month high of $31.80.

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.