Ritholtz Wealth Management Purchases Shares of 13,015 iShares Silver Trust $SLV

Ritholtz Wealth Management acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 13,015 shares of the exchange traded fund’s stock, valued at approximately $551,000.

A number of other large investors have also recently made changes to their positions in the company. Meitav Investment House Ltd. grew its holdings in iShares Silver Trust by 5.4% during the 2nd quarter. Meitav Investment House Ltd. now owns 2,972,600 shares of the exchange traded fund’s stock worth $97,589,000 after acquiring an additional 152,600 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares Silver Trust by 1.0% during the 2nd quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock worth $81,118,000 after purchasing an additional 25,584 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of iShares Silver Trust by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after purchasing an additional 26,710 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Silver Trust by 27.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,372,143 shares of the exchange traded fund’s stock worth $45,020,000 after purchasing an additional 295,575 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in iShares Silver Trust by 4.5% in the second quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock valued at $42,347,000 after buying an additional 55,180 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $85.39 on Wednesday. The business has a 50-day moving average of $60.70 and a two-hundred day moving average of $46.55. The company has a market capitalization of $48.64 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $86.33.

Trending Headlines about iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

About iShares Silver Trust

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.