James Investment Research Inc. Increases Holdings in iShares Silver Trust (NYSEARCA:SLV)

James Investment Research Inc. increased its position in iShares Silver Trust (NYSEARCA:SLV) by 4.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 57,401 shares of the exchange traded fund’s stock after purchasing an additional 2,542 shares during the period. James Investment Research Inc.’s holdings in iShares Silver Trust were worth $1,511,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $25,000. Spartan Fund Management Inc. acquired a new position in iShares Silver Trust in the 3rd quarter valued at about $28,000. McClarren Financial Advisors Inc. increased its position in iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 972 shares during the period. Stonebridge Financial Group LLC acquired a new position in iShares Silver Trust in the 4th quarter valued at about $29,000. Finally, Hantz Financial Services Inc. acquired a new position in iShares Silver Trust in the 4th quarter valued at about $35,000.

iShares Silver Trust Stock Down 0.5 %

Shares of SLV stock opened at $29.31 on Friday. The stock has a market capitalization of $13.76 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.45 and a 52-week high of $31.80. The stock’s 50-day moving average price is $27.86 and its 200 day moving average price is $27.86.

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.