Parkside Financial Bank & Trust Purchases 913 Shares of iShares Silver Trust (NYSEARCA:SLV)

Parkside Financial Bank & Trust lifted its position in iShares Silver Trust (NYSEARCA:SLV) by 61.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,409 shares of the exchange traded fund’s stock after acquiring an additional 913 shares during the quarter. Parkside Financial Bank & Trust’s holdings in iShares Silver Trust were worth $63,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SLV. Eagle Bay Advisors LLC purchased a new position in iShares Silver Trust during the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC lifted its position in shares of 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 purchasing an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. boosted its stake in shares of 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 valued at $26,000 after purchasing an additional 972 shares during the period. Stonebridge Financial Group LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $29,000. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $35,000.

iShares Silver Trust Price Performance

Shares of SLV opened at $28.75 on Tuesday. The firm has a market capitalization of $13.73 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 1-year low of $21.39 and a 1-year high of $31.80. The company has a 50-day moving average of $28.17 and a 200 day moving average of $28.18.

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.