Lazari Capital Management Inc. Purchases 1,000 Shares of iShares Silver Trust (NYSEARCA:SLV)

Lazari Capital Management Inc. lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,660 shares of the exchange traded fund’s stock after purchasing an additional 1,000 shares during the period. Lazari Capital Management Inc.’s holdings in iShares Silver Trust were worth $254,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SLV. Quadrature Capital Ltd acquired a new position in iShares Silver Trust in the third quarter valued at approximately $91,122,000. Toronto Dominion Bank lifted its stake 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 period. Bank of Montreal Can lifted 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 buying an additional 1,370,298 shares during the period. Commonwealth Equity Services LLC raised its position 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 worth $53,294,000 after purchasing an additional 30,116 shares during the period. Finally, Money Design Co. Ltd. raised its position in shares of iShares Silver Trust by 1.7% during the third 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 during the period.

iShares Silver Trust Stock Down 0.7 %

Shares of NYSEARCA:SLV opened at $28.51 on Monday. iShares Silver Trust has a twelve month low of $20.11 and a twelve month high of $31.80. The stock’s 50 day moving average is $27.62 and its 200-day moving average is $27.66. The firm 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 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.