iShares Silver Trust (NYSEARCA:SLV) Stake Raised by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 3,471.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,000 shares of the exchange traded fund’s stock after acquiring an additional 972 shares during the quarter. McClarren Financial Advisors Inc.’s holdings in iShares Silver Trust were worth $26,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SLV. Quadrature Capital Ltd acquired a new stake in shares of iShares Silver Trust during the third quarter worth approximately $91,122,000. Bank of Montreal Can grew its holdings in shares of iShares Silver Trust by 258.4% during the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after acquiring an additional 1,370,298 shares in the last quarter. DRW Securities LLC increased its stake in shares of iShares Silver Trust by 1,019.8% in the third quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after acquiring an additional 764,813 shares during the last quarter. RIA Advisory Group LLC purchased a new stake in shares of iShares Silver Trust during the third quarter worth $20,773,000. Finally, International Assets Investment Management LLC raised its holdings in shares of iShares Silver Trust by 3,449.3% during the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after acquiring an additional 524,609 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $29.34 on Thursday. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80. The business’s 50-day moving average price is $27.82 and its two-hundred day moving average price is $27.81. The company has a market capitalization of $13.77 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.