iShares Silver Trust (NYSEARCA:SLV) Stake Raised by Fmr LLC

Fmr LLC increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 46.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,201 shares of the exchange traded fund’s stock after buying an additional 5,135 shares during the quarter. Fmr LLC’s holdings in iShares Silver Trust were worth $460,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SLV. Bank of Montreal Can increased its stake in iShares Silver Trust by 258.4% during the 3rd 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 boosted its holdings in shares of iShares Silver Trust by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after acquiring an additional 30,116 shares in the last quarter. Meitav Investment House Ltd. acquired a new position in shares of iShares Silver Trust during the second quarter valued at approximately $45,688,000. Envestnet Asset Management Inc. raised its holdings in iShares Silver Trust by 27.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock worth $31,633,000 after purchasing an additional 259,988 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares Silver Trust by 14.5% in the second quarter. Cetera Investment Advisers now owns 935,476 shares of the exchange traded fund’s stock worth $24,856,000 after purchasing an additional 118,715 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $26.52 on Friday. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The firm has a market cap of $12.45 billion, a P/E ratio of -7.01 and a beta of 0.43. The stock has a fifty day moving average price of $28.78 and a two-hundred day moving average price of $27.66.

iShares Silver Trust Company 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.