Financial Life Planners Takes Position in iShares Silver Trust (NYSEARCA:SLV)

Financial Life Planners purchased a new position in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 5,245 shares of the exchange traded fund’s stock, valued at approximately $138,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Quadrature Capital Ltd bought a new stake in shares of iShares Silver Trust during the 3rd quarter valued at $91,122,000. Bank of Montreal Can lifted its holdings in iShares Silver Trust by 258.4% in the 3rd 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. DRW Securities LLC boosted its stake in iShares Silver Trust by 1,019.8% in the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after purchasing an additional 764,813 shares during the period. RIA Advisory Group LLC bought a new position in iShares Silver Trust in the 3rd quarter worth approximately $20,773,000. Finally, International Assets Investment Management LLC grew its stake in iShares Silver Trust by 3,449.3% during the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after acquiring an additional 524,609 shares in the last quarter.

iShares Silver Trust Trading Down 0.7 %

Shares of SLV stock opened at $28.51 on Monday. The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.11 and a 12-month high of $31.80. The stock’s 50-day moving average price is $27.62 and its 200-day moving average price is $27.66.

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.