iShares Silver Trust $SLV Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 196.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,787 shares of the exchange traded fund’s stock after buying an additional 60,806 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Silver Trust were worth $5,003,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. HighTower Advisors LLC boosted its holdings in iShares Silver Trust by 7.5% in the second quarter. HighTower Advisors LLC now owns 1,165,149 shares of the exchange traded fund’s stock worth $62,300,000 after acquiring an additional 81,257 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of iShares Silver Trust by 1.3% during the second quarter. NewEdge Advisors LLC now owns 467,435 shares of the exchange traded fund’s stock valued at $24,994,000 after acquiring an additional 6,163 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of iShares Silver Trust by 8.6% during the third quarter. Kestra Advisory Services LLC now owns 435,831 shares of the exchange traded fund’s stock valued at $23,757,000 after acquiring an additional 34,451 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of iShares Silver Trust by 17.9% during the first quarter. Wealthfront Advisers LLC now owns 375,833 shares of the exchange traded fund’s stock valued at $25,609,000 after acquiring an additional 57,070 shares in the last quarter. Finally, New Harbor Financial Group LLC increased its holdings in shares of iShares Silver Trust by 5.1% during the third quarter. New Harbor Financial Group LLC now owns 373,453 shares of the exchange traded fund’s stock valued at $20,357,000 after acquiring an additional 18,239 shares in the last quarter.

iShares Silver Trust Price Performance

SLV opened at $46.87 on Friday. The stock has a 50-day moving average price of $54.22 and a 200-day moving average price of $63.47. The firm has a market cap of $25.23 billion, a PE ratio of -8.51 and a beta of 0.53. iShares Silver Trust has a 1 year low of $43.51 and a 1 year high of $109.83.

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. 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.