Pinnacle Financial Partners Inc boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,369 shares of the exchange traded fund’s stock after buying an additional 1,200 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares Silver Trust were worth $621,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new position in iShares Silver Trust during the fourth quarter worth $25,000. Key Client Fiduciary Advisors LLC raised its holdings in iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. raised its holdings in iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares during the last quarter. Stonebridge Financial Group LLC acquired a new position in iShares Silver Trust during the fourth quarter worth $29,000. Finally, Hantz Financial Services Inc. acquired a new position in iShares Silver Trust during the fourth quarter worth $35,000.
iShares Silver Trust Trading Down 1.2 %
SLV opened at $29.59 on Monday. The company’s fifty day moving average price is $27.98 and its two-hundred day moving average price is $28.03. iShares Silver Trust has a 1-year low of $20.45 and a 1-year high of $31.80. The company has a market cap of $13.89 billion, a price-to-earnings 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.
Read More
- Five stocks we like better than iShares Silver Trust
- What is Forex and How Does it Work?
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- Where to Find Earnings Call Transcripts
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- These 5 Energy Stocks Hedge Inflation With Growth Potential
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.