89,654 Shares in iShares Silver Trust $SLV Acquired by Evanson Financial LLC

Evanson Financial LLC bought a new position in iShares Silver Trust (NYSEARCA:SLV) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 89,654 shares of the exchange traded fund’s stock, valued at approximately $4,794,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its position in shares of iShares Silver Trust by 12.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after buying an additional 313,816 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares Silver Trust by 27.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after acquiring an additional 573,660 shares during the period. Bank of Montreal Can lifted its position in shares of iShares Silver Trust by 505.8% during the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after acquiring an additional 1,852,688 shares during the period. Tableaux LLC bought a new position in iShares Silver Trust during the fourth quarter worth $133,233,000. Finally, Mainstay Capital Management LLC ADV boosted its stake in iShares Silver Trust by 82.5% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after acquiring an additional 824,589 shares in the last quarter.

iShares Silver Trust Trading Down 0.4%

NYSEARCA:SLV opened at $55.85 on Friday. The stock has a market capitalization of $29.83 billion, a price-to-earnings ratio of -8.51 and a beta of 0.50. The firm has a fifty day simple moving average of $56.41 and a two-hundred day simple moving average of $67.37. iShares Silver Trust has a 12 month low of $33.85 and a 12 month high of $109.83.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.