iShares Silver Trust $SLV is Armor Advisors L.L.C.’s 8th Largest Position

Armor Advisors L.L.C. boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 69.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 123,277 shares of the exchange traded fund’s stock after purchasing an additional 50,500 shares during the quarter. iShares Silver Trust comprises about 2.9% of Armor Advisors L.L.C.’s portfolio, making the stock its 8th biggest position. Armor Advisors L.L.C.’s holdings in iShares Silver Trust were worth $5,223,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. grew its position in shares of iShares Silver Trust by 1.0% during the 2nd quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock worth $81,118,000 after buying an additional 25,584 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in iShares Silver Trust by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after acquiring an additional 26,710 shares during the period. HighTower Advisors LLC lifted its stake in iShares Silver Trust by 5.7% in the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after acquiring an additional 94,521 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after acquiring an additional 273,913 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in iShares Silver Trust by 4.5% during the 2nd quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock valued at $42,347,000 after purchasing an additional 55,180 shares during the period.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $76.62 on Friday. The firm has a 50-day simple moving average of $74.30 and a 200-day simple moving average of $53.75. iShares Silver Trust has a one year low of $26.57 and a one year high of $109.83. The firm has a market cap of $42.18 billion, a P/E 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.