Blair William & Co. IL Purchases 1,129 Shares of iShares Silver Trust (NYSEARCA:SLV)

Blair William & Co. IL increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 8.5% in the second quarter, HoldingsChannel reports. The firm owned 14,485 shares of the exchange traded fund’s stock after purchasing an additional 1,129 shares during the period. Blair William & Co. IL’s holdings in iShares Silver Trust were worth $385,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Sovereign Financial Group Inc. acquired a new position in iShares Silver Trust in the first quarter worth $325,000. Scarborough Advisors LLC bought a new stake in iShares Silver Trust during the 4th quarter worth about $148,000. Commerce Bank increased its position in iShares Silver Trust by 3.5% in the 4th quarter. Commerce Bank now owns 31,000 shares of the exchange traded fund’s stock valued at $675,000 after acquiring an additional 1,055 shares in the last quarter. RFG Advisory LLC bought a new position in shares of iShares Silver Trust in the first quarter worth about $1,362,000. Finally, Sequoia Financial Advisors LLC lifted its position in shares of iShares Silver Trust by 29.8% during the second quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock worth $318,000 after purchasing an additional 2,749 shares in the last quarter.

iShares Silver Trust Price Performance

SLV opened at $29.26 on Friday. The company’s 50 day simple moving average is $26.52 and its 200-day simple moving average is $26.17. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56. The stock has a market capitalization of $13.73 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.