James Investment Research Inc. Increases Stake in iShares Silver Trust (NYSEARCA:SLV)

James Investment Research Inc. grew its position in iShares Silver Trust (NYSEARCA:SLV) by 3.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 54,859 shares of the exchange traded fund’s stock after buying an additional 1,606 shares during the period. James Investment Research Inc.’s holdings in iShares Silver Trust were worth $1,559,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SLV. NWI Management LP raised its holdings 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 valued at $120,878,000 after purchasing an additional 5,263,305 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in iShares Silver Trust by 1.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after buying an additional 30,116 shares during the last quarter. Meitav Investment House Ltd. bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at $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 worth $35,812,000 after buying an additional 384,056 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares Silver Trust by 17.8% in the second 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 acquiring an additional 204,606 shares during the period.

iShares Silver Trust Stock Performance

SLV stock opened at $29.54 on Friday. The company has a market cap of $13.86 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business’s 50-day moving average is $28.41 and its two-hundred day moving average is $27.23. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week 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.