iShares Silver Trust $SLV Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 17.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 169,551 shares of the exchange traded fund’s stock after buying an additional 25,699 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares Silver Trust were worth $9,066,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Axiom Investment Management LLC purchased a new position in shares of iShares Silver Trust in the 1st quarter valued at $26,000. West Branch Capital LLC purchased a new stake in iShares Silver Trust in the second quarter valued at $27,000. Sarver Vrooman Wealth Advisors acquired a new position in iShares Silver Trust in the fourth quarter valued at $30,000. Intesa Sanpaolo Wealth Management acquired a new position in iShares Silver Trust in the fourth quarter valued at $32,000. Finally, Redwood Park Advisors LLC grew its holdings in shares of iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 266 shares during the last quarter.

iShares Silver Trust Stock Performance

SLV opened at $58.48 on Friday. The business’s 50-day simple moving average is $55.46 and its 200-day simple moving average is $66.34. iShares Silver Trust has a one year low of $33.85 and a one year high of $109.83. The stock has a market capitalization of $31.23 billion, a P/E ratio of -8.51 and a beta of 0.50.

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. 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.