Good Life Advisors LLC Has $1.12 Million Stake in iShares Silver Trust (NYSEARCA:SLV)

Good Life Advisors LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 56.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 42,557 shares of the exchange traded fund’s stock after selling 54,283 shares during the quarter. Good Life Advisors LLC’s holdings in iShares Silver Trust were worth $1,121,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Quadrature Capital Ltd bought a new position in shares of iShares Silver Trust during the 3rd quarter worth approximately $91,122,000. Toronto Dominion Bank boosted its position in iShares Silver Trust by 18.6% during the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock worth $64,883,000 after purchasing an additional 358,806 shares during the period. Bank of Montreal Can increased its holdings in shares of iShares Silver Trust by 258.4% in the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after purchasing an additional 1,370,298 shares during the last quarter. MML Investors Services LLC raised its position in shares of iShares Silver Trust by 3.6% in the third quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after purchasing an additional 26,281 shares during the period. Finally, Cadence Wealth Management LLC lifted its stake in shares of iShares Silver Trust by 26.2% during the 3rd quarter. Cadence Wealth Management LLC now owns 760,065 shares of the exchange traded fund’s stock worth $21,593,000 after buying an additional 158,016 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $29.81 on Thursday. iShares Silver Trust has a 52 week low of $20.45 and a 52 week high of $31.80. The company has a market capitalization of $13.99 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company has a 50-day simple moving average of $27.90 and a 200 day simple moving average of $27.93.

About iShares Silver Trust

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.