Envestnet Portfolio Solutions Inc. Buys 4,930 Shares of iShares Silver Trust $SLV

Envestnet Portfolio Solutions Inc. raised its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 31.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 20,421 shares of the exchange traded fund’s stock after acquiring an additional 4,930 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Silver Trust were worth $865,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. lifted its holdings in shares of iShares Silver Trust by 2.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock valued at $501,000 after purchasing an additional 239 shares in the last quarter. Swisher Financial Concepts Inc. boosted its stake in iShares Silver Trust by 1.4% in the third quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock valued at $729,000 after acquiring an additional 240 shares during the last quarter. Nexus Investment Management ULC lifted its stake in iShares Silver Trust by 50.0% in the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 250 shares during the last quarter. Silver Oak Securities Incorporated lifted its position in shares of iShares Silver Trust by 0.6% during the 3rd quarter. Silver Oak Securities Incorporated now owns 42,936 shares of the exchange traded fund’s stock valued at $1,819,000 after buying an additional 251 shares during the last quarter. Finally, Ironwood Wealth Management LLC. lifted its holdings in iShares Silver Trust by 3.2% during the third quarter. Ironwood Wealth Management LLC. now owns 8,203 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 255 shares during the last quarter.

iShares Silver Trust Trading Up 3.9%

iShares Silver Trust stock opened at $105.60 on Thursday. The firm has a market capitalization of $60.54 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The firm has a 50 day simple moving average of $66.50 and a 200 day simple moving average of $49.03. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $106.70.

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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.

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

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