Allworth Financial LP Buys 34,518 Shares of iShares Silver Trust (NYSEARCA:SLV)

Allworth Financial LP lifted its position in iShares Silver Trust (NYSEARCA:SLV) by 78.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,597 shares of the exchange traded fund’s stock after purchasing an additional 34,518 shares during the quarter. Allworth Financial LP’s holdings in iShares Silver Trust were worth $2,205,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SLV. ROI Financial Advisors LLC raised its holdings in shares of iShares Silver Trust by 64.0% during the 3rd quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock worth $774,000 after acquiring an additional 10,626 shares in the last quarter. FMR LLC grew its holdings in shares of iShares Silver Trust by 46.4% in the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 5,135 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in iShares Silver Trust by 5.7% in the third quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock worth $3,879,000 after purchasing an additional 7,388 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Silver Trust by 2.0% during the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock valued at $5,575,000 after purchasing an additional 3,901 shares in the last quarter. Finally, Savant Capital LLC lifted its position in iShares Silver Trust by 26.8% during the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 2,803 shares during the last quarter.

iShares Silver Trust Stock Up 2.0 %

Shares of NYSEARCA:SLV opened at $29.91 on Wednesday. The firm has a fifty day simple moving average of $27.89 and a two-hundred day simple moving average of $27.92. The stock has a market capitalization of $14.04 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $20.45 and a 52 week high of $31.80.

iShares Silver Trust 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.