iShares Silver Trust $SLV Stock Position Raised by Blair William & Co. IL

Blair William & Co. IL grew its holdings in iShares Silver Trust (NYSEARCA:SLV) by 593.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,371 shares of the exchange traded fund’s stock after purchasing an additional 158,623 shares during the period. Blair William & Co. IL’s holdings in iShares Silver Trust were worth $7,854,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Guggenheim Capital LLC lifted its position in iShares Silver Trust by 1,557.6% in the 2nd quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock worth $30,006,000 after buying an additional 859,355 shares in the last quarter. 1832 Asset Management L.P. acquired a new position in iShares Silver Trust in the 2nd quarter worth about $26,643,000. The Manufacturers Life Insurance Company acquired a new position in iShares Silver Trust in the 2nd quarter worth about $17,597,000. Great Valley Advisor Group Inc. raised its stake in shares of iShares Silver Trust by 1,133.5% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 526,970 shares of the exchange traded fund’s stock worth $17,290,000 after purchasing an additional 484,247 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares Silver Trust by 95.0% during the 2nd quarter. MML Investors Services LLC now owns 881,588 shares of the exchange traded fund’s stock valued at $28,925,000 after buying an additional 429,435 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $78.26 on Tuesday. The business has a 50 day simple moving average of $77.78 and a 200 day simple moving average of $57.31. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The stock has a market cap of $43.08 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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.