EverSource Wealth Advisors LLC Purchases 6,399 Shares of iShares Silver Trust (NYSEARCA:SLV)

EverSource Wealth Advisors LLC grew its position in iShares Silver Trust (NYSEARCA:SLV) by 43.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,223 shares of the exchange traded fund’s stock after acquiring an additional 6,399 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $510,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Private Trust Co. NA increased its holdings in shares of iShares Silver Trust by 17.9% in the fourth quarter. Private Trust Co. NA now owns 3,893 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 591 shares in the last quarter. Arvest Investments Inc. acquired a new position in iShares Silver Trust during the 4th quarter valued at about $1,598,000. International Assets Investment Management LLC boosted its stake in shares of iShares Silver Trust by 2,203.2% in the 4th quarter. International Assets Investment Management LLC now owns 236,727 shares of the exchange traded fund’s stock valued at $5,156,000 after purchasing an additional 226,449 shares during the last quarter. Stratos Wealth Advisors LLC boosted its stake in shares of iShares Silver Trust by 1.2% in the 4th quarter. Stratos Wealth Advisors LLC now owns 294,018 shares of the exchange traded fund’s stock valued at $6,404,000 after purchasing an additional 3,378 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in shares of iShares Silver Trust by 27.5% in the 4th quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after purchasing an additional 397,836 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV traded up $0.01 during mid-day trading on Friday, hitting $26.04. The company’s stock had a trading volume of 25,324,992 shares, compared to its average volume of 23,422,461. The company’s fifty day simple moving average is $27.21 and its 200-day simple moving average is $24.66. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56. The stock has a market cap of $12.22 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.