Cobblestone Capital Advisors LLC NY Lowers Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Cobblestone Capital Advisors LLC NY lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 4.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 11,806 shares of the exchange traded fund’s stock after selling 600 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in iShares Silver Trust were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bank of Montreal Can grew its position in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after purchasing an additional 1,370,298 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares Silver Trust by 1.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock worth $53,294,000 after purchasing an additional 30,116 shares during the period. Meitav Investment House Ltd. purchased a new stake in iShares Silver Trust during the 2nd quarter valued at approximately $45,688,000. Raymond James Financial Services Advisors Inc. raised its position in shares of iShares Silver Trust by 17.8% during the second 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 buying an additional 204,606 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iShares Silver Trust by 27.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock worth $31,633,000 after buying an additional 259,988 shares in the last quarter.

iShares Silver Trust Stock Performance

SLV opened at $27.92 on Monday. The stock has a market capitalization of $13.10 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company has a fifty day moving average of $28.96 and a 200 day moving average of $27.67. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80.

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.