Moors & Cabot Inc. Increases Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Moors & Cabot Inc. lifted its position in iShares Silver Trust (NYSEARCA:SLV) by 8.5% in the fourth quarter, HoldingsChannel reports. The firm owned 46,001 shares of the exchange traded fund’s stock after buying an additional 3,605 shares during the period. Moors & Cabot Inc.’s holdings in iShares Silver Trust were worth $1,211,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SLV. Quadrature Capital Ltd acquired a new position in iShares Silver Trust in the third quarter valued at about $91,122,000. Toronto Dominion Bank lifted its position 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 valued at $64,883,000 after buying an additional 358,806 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares Silver Trust in the fourth quarter valued at about $57,303,000. Proficio Capital Partners LLC lifted its position in iShares Silver Trust by 715.2% in the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after buying an additional 1,858,658 shares during the last quarter. Finally, Bank of Montreal Can lifted its position 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 buying an additional 1,370,298 shares during the last quarter.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $30.74 on Friday. The firm’s 50-day moving average is $28.58 and its two-hundred day moving average is $28.31. iShares Silver Trust has a 12 month low of $22.29 and a 12 month high of $31.80. The stock has a market capitalization of $14.68 billion, a P/E ratio of -8.33 and a beta of 0.74.

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.