Ausdal Financial Partners Inc. Boosts Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Ausdal Financial Partners Inc. grew its holdings in iShares Silver Trust (NYSEARCA:SLV) by 22.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,297 shares of the exchange traded fund’s stock after purchasing an additional 4,555 shares during the period. Ausdal Financial Partners Inc.’s holdings in iShares Silver Trust were worth $666,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Quadrature Capital Ltd bought a new stake in shares of iShares Silver Trust during the third quarter valued at approximately $91,122,000. Raymond James Financial Inc. purchased a new position in iShares Silver Trust during the 4th quarter worth $57,303,000. Proficio Capital Partners LLC raised its position in iShares Silver Trust by 715.2% during the 4th quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after purchasing an additional 1,858,658 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of 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 buying an additional 1,370,298 shares during the period. Finally, Toronto Dominion Bank grew its position in shares of iShares Silver Trust by 18.6% during the 3rd quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock worth $64,883,000 after buying an additional 358,806 shares in the last quarter.

iShares Silver Trust Trading Up 2.6 %

Shares of iShares Silver Trust stock opened at $31.32 on Friday. The stock’s fifty day moving average price is $29.29 and its 200-day moving average price is $28.62. The firm has a market cap of $14.98 billion, a P/E ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 12 month low of $22.42 and a 12 month high of $31.80.

About iShares Silver Trust

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.