Raymond James Financial Services Advisors Inc. Buys 132,729 Shares of iShares Silver Trust (NYSEARCA:SLV)

Raymond James Financial Services Advisors Inc. boosted its stake in iShares Silver Trust (NYSEARCA:SLV) by 11.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,298,815 shares of the exchange traded fund’s stock after acquiring an additional 132,729 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.26% of iShares Silver Trust worth $28,288,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Centerpoint Advisors LLC boosted its holdings in iShares Silver Trust by 42.9% in the fourth quarter. Centerpoint Advisors LLC now owns 5,000 shares of the exchange traded fund’s stock valued at $109,000 after acquiring an additional 1,500 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of iShares Silver Trust by 74.5% during the 4th quarter. CoreCap Advisors LLC now owns 30,225 shares of the exchange traded fund’s stock valued at $658,000 after buying an additional 12,907 shares in the last quarter. Whitaker Myers Wealth Managers LTD. bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at $235,000. CX Institutional bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at $188,000. Finally, Independent Wealth Network Inc. boosted its holdings in shares of iShares Silver Trust by 6.9% during the 4th quarter. Independent Wealth Network Inc. now owns 83,867 shares of the exchange traded fund’s stock valued at $1,827,000 after buying an additional 5,397 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $22.52 on Thursday. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $23.94. The company’s fifty day moving average price is $21.40 and its 200-day moving average price is $21.30.

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.