Wealthspan Partners LLC Buys 2,137 Shares of iShares Silver Trust (NYSEARCA:SLV)

Wealthspan Partners LLC grew its position in iShares Silver Trust (NYSEARCA:SLV) by 5.8% during the fourth quarter, HoldingsChannel reports. The firm owned 39,167 shares of the exchange traded fund’s stock after buying an additional 2,137 shares during the period. Wealthspan Partners LLC’s holdings in iShares Silver Trust were worth $1,031,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SLV. Quadrature Capital Ltd bought a new stake in shares of iShares Silver Trust during the 3rd quarter valued at about $91,122,000. Toronto Dominion Bank grew its holdings in 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 worth $64,883,000 after purchasing an additional 358,806 shares during the period. Bank of Montreal Can increased its stake in iShares Silver Trust by 258.4% in the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after purchasing an additional 1,370,298 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of iShares Silver Trust by 1.6% during 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 purchasing an additional 30,116 shares during the period. Finally, Money Design Co. Ltd. boosted its position in shares of iShares Silver Trust by 1.7% during the 3rd quarter. Money Design Co. Ltd. now owns 822,380 shares of the exchange traded fund’s stock worth $23,364,000 after purchasing an additional 13,473 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $28.51 on Monday. The stock has a 50-day moving average of $27.62 and a 200-day moving average of $27.66. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80. The company has a market cap of $13.38 billion, a PE ratio of -7.01 and a beta of 0.43.

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.