Signature Estate & Investment Advisors LLC Has $491,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

Signature Estate & Investment Advisors LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 74.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 18,640 shares of the exchange traded fund’s stock after acquiring an additional 7,949 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares Silver Trust were worth $491,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Bank of New York Mellon Corp grew its holdings in iShares Silver Trust by 29.8% during the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock valued at $20,015,000 after purchasing an additional 174,501 shares during the last quarter. Fisher Asset Management LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter worth $220,000. Schaper Benz & Wise Investment Counsel Inc. WI grew its stake in iShares Silver Trust by 55.8% in the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after buying an additional 5,790 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares Silver Trust by 15.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,493 shares of the exchange traded fund’s stock worth $698,000 after acquiring an additional 3,459 shares during the period. Finally, Savant Capital LLC lifted its position in iShares Silver Trust by 26.8% during the 4th quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock worth $349,000 after acquiring an additional 2,803 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $30.53 on Thursday. iShares Silver Trust has a 52-week low of $22.34 and a 52-week high of $31.80. The company has a market cap of $14.61 billion, a P/E ratio of -8.87 and a beta of 0.73. The stock’s 50-day moving average is $29.23 and its 200-day moving average is $28.60.

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.