SRS Capital Advisors Inc. Increases Stake in iShares Silver Trust (NYSEARCA:SLV)

SRS Capital Advisors Inc. boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 292.9% in the 4th quarter, Holdings Channel reports. The fund owned 20,751 shares of the exchange traded fund’s stock after buying an additional 15,469 shares during the period. SRS Capital Advisors Inc.’s holdings in iShares Silver Trust were worth $546,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Quadrature Capital Ltd purchased a new position in iShares Silver Trust during the third quarter valued at approximately $91,122,000. Toronto Dominion Bank raised its position in iShares Silver Trust by 18.6% during the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after acquiring an additional 358,806 shares in the last quarter. Proficio Capital Partners LLC raised its position in iShares Silver Trust by 715.2% during the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after acquiring an additional 1,858,658 shares in the last quarter. Bank of Montreal Can grew its holdings in iShares Silver Trust by 258.4% in the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after purchasing an additional 1,370,298 shares during the period. Finally, MML Investors Services LLC grew its holdings in iShares Silver Trust by 3.6% in the third quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after purchasing an additional 26,281 shares during the period.

iShares Silver Trust Trading Up 1.6 %

Shares of SLV opened at $28.75 on Tuesday. iShares Silver Trust has a 12 month low of $21.39 and a 12 month high of $31.80. The stock’s 50 day moving average is $28.17 and its two-hundred day moving average is $28.18. The firm has a market cap of $13.73 billion, a P/E ratio of -8.33 and a beta of 0.74.

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.