ORG Partners LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,455 shares of the exchange traded fund’s stock, valued at approximately $39,000.
Other large investors have also modified their holdings of the company. Foundations Investment Advisors LLC grew its position in iShares Silver Trust by 0.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 315,432 shares of the exchange traded fund’s stock worth $6,690,000 after purchasing an additional 1,956 shares during the last quarter. D.A. Davidson & CO. lifted its position in iShares Silver Trust by 0.9% during the 4th quarter. D.A. Davidson & CO. now owns 91,517 shares of the exchange traded fund’s stock worth $1,993,000 after acquiring an additional 788 shares during the period. Sovereign Financial Group Inc. purchased a new position in shares of iShares Silver Trust in the 1st quarter valued at approximately $325,000. Scarborough Advisors LLC acquired a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $148,000. Finally, Commerce Bank raised its stake in shares of iShares Silver Trust by 3.5% during the fourth quarter. Commerce Bank now owns 31,000 shares of the exchange traded fund’s stock worth $675,000 after purchasing an additional 1,055 shares during the last quarter.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $26.43 on Friday. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The firm’s fifty day moving average price is $26.66 and its 200 day moving average price is $24.90. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56.
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.
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