SBI Securities Co. Ltd. Raises Stock Holdings in iShares Silver Trust $SLV

SBI Securities Co. Ltd. increased its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 32.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,532 shares of the exchange traded fund’s stock after purchasing an additional 36,946 shares during the quarter. SBI Securities Co. Ltd.’s holdings in iShares Silver Trust were worth $6,378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its holdings in iShares Silver Trust by 40.2% in the 3rd quarter. Savant Capital LLC now owns 26,780 shares of the exchange traded fund’s stock valued at $1,135,000 after purchasing an additional 7,679 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of iShares Silver Trust by 16.2% during the third quarter. J.W. Cole Advisors Inc. now owns 100,517 shares of the exchange traded fund’s stock worth $4,259,000 after buying an additional 13,980 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after buying an additional 273,913 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of iShares Silver Trust by 30.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 15,080 shares of the exchange traded fund’s stock valued at $639,000 after buying an additional 3,498 shares during the last quarter. Finally, Raleigh Capital Management Inc. purchased a new position in shares of iShares Silver Trust during the third quarter valued at approximately $32,000.

iShares Silver Trust News Roundup

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $79.18 on Thursday. The firm has a market cap of $43.59 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The firm’s 50 day moving average price is $70.03 and its 200 day moving average price is $50.68.

iShares Silver Trust Company Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

Featured Stories

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.