Cambridge Investment Research Advisors Inc. Boosts Stake in iShares Silver Trust (NYSEARCA:SLV)

Cambridge Investment Research Advisors Inc. boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 18.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 842,964 shares of the exchange traded fund’s stock after acquiring an additional 130,885 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares Silver Trust were worth $22,398,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Linden Thomas Advisory Services LLC increased its holdings in shares of iShares Silver Trust by 17.7% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 14,552 shares of the exchange traded fund’s stock valued at $317,000 after purchasing an additional 2,192 shares during the last quarter. Truist Financial Corp increased its stake in shares of iShares Silver Trust by 1.2% in the 4th quarter. Truist Financial Corp now owns 335,991 shares of the exchange traded fund’s stock worth $7,318,000 after acquiring an additional 3,889 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new position in shares of iShares Silver Trust during the 4th quarter worth $3,743,000. Silver Oak Securities Incorporated raised its holdings in shares of iShares Silver Trust by 667.8% during the 4th quarter. Silver Oak Securities Incorporated now owns 53,057 shares of the exchange traded fund’s stock worth $1,156,000 after acquiring an additional 46,147 shares during the period. Finally, Cadence Wealth Management LLC boosted its position in shares of iShares Silver Trust by 8.9% during the 4th quarter. Cadence Wealth Management LLC now owns 809,866 shares of the exchange traded fund’s stock valued at $17,639,000 after acquiring an additional 65,999 shares during the last quarter.

iShares Silver Trust Trading Up 0.1 %

iShares Silver Trust stock traded up $0.04 during midday trading on Tuesday, hitting $27.36. 10,560,458 shares of the stock were exchanged, compared to its average volume of 22,845,354. The stock’s 50-day simple moving average is $26.66 and its 200 day simple moving average is $25.26. The stock has a market capitalization of $12.84 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $18.97 and a fifty-two week high of $29.56.

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.