Mutual Advisors LLC Has $3.05 Million Position in iShares Silver Trust (NYSEARCA:SLV)

Mutual Advisors LLC boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 108,803 shares of the exchange traded fund’s stock after purchasing an additional 408 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Silver Trust were worth $3,051,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vontobel Holding Ltd. increased its holdings in shares of iShares Silver Trust by 106.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock worth $1,744,000 after purchasing an additional 31,601 shares during the period. ROI Financial Advisors LLC increased its position in shares of iShares Silver Trust by 64.0% during the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock valued at $774,000 after purchasing an additional 10,626 shares during the period. FMR LLC increased its holdings in iShares Silver Trust by 46.4% in the 3rd quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after buying an additional 5,135 shares during the period. Rockefeller Capital Management L.P. raised 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 in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares Silver Trust by 2.0% in the 3rd 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 during the period.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $27.77 on Friday. The business has a 50 day simple moving average of $27.63 and a 200 day simple moving average of $27.68. The company has a market capitalization of $13.03 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.11 and a one year 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.