Stonebridge Financial Group LLC Takes $29,000 Position in iShares Silver Trust (NYSEARCA:SLV)

Stonebridge Financial Group LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,100 shares of the exchange traded fund’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vontobel Holding Ltd. raised its position in shares of iShares Silver Trust by 106.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock worth $1,744,000 after acquiring an additional 31,601 shares in the last quarter. ROI Financial Advisors LLC increased its holdings in iShares Silver Trust by 64.0% in the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock worth $774,000 after purchasing an additional 10,626 shares in the last quarter. FMR LLC lifted its stake in iShares Silver Trust by 46.4% in the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after buying an additional 5,135 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares Silver Trust by 5.7% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock worth $3,879,000 after buying an additional 7,388 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Silver Trust by 2.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock worth $5,575,000 after buying an additional 3,901 shares during the period.

iShares Silver Trust Stock Down 0.5 %

Shares of NYSEARCA SLV opened at $29.31 on Friday. The firm has a market cap of $13.76 billion, a PE ratio of -7.01 and a beta of 0.43. The company’s fifty day simple moving average is $27.86 and its 200 day simple moving average is $27.85. iShares Silver Trust has a 12-month low of $20.45 and a 12-month high of $31.80.

iShares Silver Trust 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.