Belmont Capital LLC Acquires 524 Shares of iShares Silver Trust (NYSEARCA:SLV)

Belmont Capital LLC raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 53.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,501 shares of the exchange traded fund’s stock after acquiring an additional 524 shares during the period. Belmont Capital LLC’s holdings in iShares Silver Trust were worth $43,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SLV. NWI Management LP lifted its holdings in shares of iShares Silver Trust by 10,526.6% during the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after buying an additional 5,263,305 shares during the period. Commonwealth Equity Services LLC lifted its holdings in iShares Silver Trust by 1.6% in 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. Meitav Investment House Ltd. purchased a new position in iShares Silver Trust in the second quarter worth about $45,688,000. Raymond James Financial Services Advisors Inc. grew its stake in shares of iShares Silver Trust by 17.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock valued at $35,923,000 after purchasing an additional 204,606 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares Silver Trust by 27.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock valued at $31,633,000 after purchasing an additional 259,988 shares during the last quarter.

iShares Silver Trust Trading Up 2.9 %

Shares of SLV stock opened at $28.37 on Tuesday. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $31.80. The stock has a market cap of $13.32 billion, a P/E ratio of -7.01 and a beta of 0.43. The company has a 50 day simple moving average of $28.87 and a two-hundred day simple moving average of $27.52.

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.