iShares Silver Trust (NYSEARCA:SLV) Shares Acquired by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 38.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,019 shares of the exchange traded fund’s stock after acquiring an additional 19,255 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares Silver Trust were worth $1,503,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new position in iShares Silver Trust in the third quarter worth approximately $70,000. Trust Co. of Vermont grew its position in iShares Silver Trust by 88.4% in the third quarter. Trust Co. of Vermont now owns 8,525 shares of the exchange traded fund’s stock worth $173,000 after buying an additional 4,000 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in iShares Silver Trust by 11.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock worth $28,288,000 after buying an additional 132,729 shares during the last quarter. International Assets Investment Management LLC boosted its stake in iShares Silver Trust by 2,203.2% in the 4th quarter. International Assets Investment Management LLC now owns 236,727 shares of the exchange traded fund’s stock worth $5,156,000 after purchasing an additional 226,449 shares during the period. Finally, CoreCap Advisors LLC boosted its stake in iShares Silver Trust by 74.5% in the 4th quarter. CoreCap Advisors LLC now owns 30,225 shares of the exchange traded fund’s stock worth $658,000 after purchasing an additional 12,907 shares during the period.

iShares Silver Trust Stock Down 6.5 %

Shares of NYSEARCA:SLV opened at $26.67 on Friday. The firm has a fifty day moving average of $26.18 and a two-hundred day moving average of $23.19. The firm has a market capitalization of $12.52 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $29.56.

About iShares Silver Trust

(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.

See Also

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

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