MML Investors Services LLC Acquires 362,291 Shares of iShares Silver Trust $SLV

MML Investors Services LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 34.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,402,204 shares of the exchange traded fund’s stock after acquiring an additional 362,291 shares during the quarter. MML Investors Services LLC owned approximately 0.25% of iShares Silver Trust worth $90,330,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Sarver Vrooman Wealth Advisors bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at $30,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at $32,000. Rialto Wealth Management LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at $33,000. Sfam LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at $33,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at $34,000.

iShares Silver Trust Price Performance

Shares of SLV opened at $61.29 on Monday. The firm has a market cap of $34.69 billion, a PE ratio of -8.51 and a beta of 0.45. The stock’s fifty day moving average price is $68.35 and its two-hundred day moving average price is $69.69. iShares Silver Trust has a 1 year low of $32.06 and a 1 year high of $109.83.

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.