Sigma Planning Corp Increases Stock Holdings in iShares Silver Trust $SLV

Sigma Planning Corp grew its holdings in iShares Silver Trust (NYSEARCA:SLV) by 11.5% during the 4th quarter, Holdings Channel reports. The firm owned 219,910 shares of the exchange traded fund’s stock after buying an additional 22,718 shares during the period. Sigma Planning Corp’s holdings in iShares Silver Trust were worth $14,357,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vantage Financial Partners LLC acquired a new stake in iShares Silver Trust in the 3rd quarter valued at about $489,000. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Silver Trust by 14.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock valued at $10,525,000 after acquiring an additional 30,915 shares during the last quarter. D.B. Root & Company LLC acquired a new stake in iShares Silver Trust in the 3rd quarter valued at about $370,000. Envestnet Asset Management Inc. lifted its holdings in iShares Silver Trust by 20.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after acquiring an additional 273,913 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC acquired a new stake in iShares Silver Trust in the 3rd quarter valued at about $235,000.

iShares Silver Trust Trading Up 2.8%

Shares of NYSEARCA SLV opened at $66.66 on Friday. iShares Silver Trust has a twelve month low of $29.04 and a twelve month high of $109.83. The company has a market capitalization of $37.73 billion, a price-to-earnings ratio of -8.51 and a beta of 0.52. The firm has a 50-day moving average of $70.88 and a two-hundred day moving average of $64.75.

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.