M Holdings Securities Inc. Purchases 2,212 Shares of iShares Silver Trust $SLV

M Holdings Securities Inc. raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 5.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,061 shares of the exchange traded fund’s stock after purchasing an additional 2,212 shares during the quarter. M Holdings Securities Inc.’s holdings in iShares Silver Trust were worth $1,334,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of SLV. Brighton Jones LLC grew its stake in iShares Silver Trust by 9.2% in the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 1,595 shares in the last quarter. Mariner LLC boosted its stake in shares of iShares Silver Trust by 7.9% during the 4th quarter. Mariner LLC now owns 187,943 shares of the exchange traded fund’s stock worth $4,949,000 after acquiring an additional 13,718 shares during the period. Commerce Bank boosted its stake in shares of iShares Silver Trust by 11.9% during the 4th quarter. Commerce Bank now owns 22,707 shares of the exchange traded fund’s stock worth $598,000 after acquiring an additional 2,414 shares during the period. Natixis bought a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $412,000. Finally, Transce3nd LLC bought a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $148,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $34.50 on Monday. iShares Silver Trust has a 12 month low of $25.27 and a 12 month high of $35.91. The stock has a 50 day moving average of $33.89 and a 200-day moving average of $31.18. The company has a market capitalization of $18.52 billion, a P/E ratio of -8.51 and a beta of 0.59.

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.