Cerity Partners LLC Has $6.86 Million Holdings in iShares Silver Trust (NYSEARCA:SLV)

Cerity Partners LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 45.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 241,403 shares of the exchange traded fund’s stock after buying an additional 75,203 shares during the period. Cerity Partners LLC’s holdings in iShares Silver Trust were worth $6,858,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SLV. Meitav Investment House Ltd. acquired a new position in shares of iShares Silver Trust during the 2nd quarter worth about $45,688,000. RIA Advisory Group LLC acquired a new position in iShares Silver Trust during the third quarter valued at approximately $20,773,000. Cetera Investment Advisers increased its position in shares of iShares Silver Trust by 842.7% during the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares Silver Trust by 3,449.3% during the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after purchasing an additional 524,609 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of iShares Silver Trust by 89.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 731,985 shares of the exchange traded fund’s stock valued at $20,796,000 after buying an additional 345,700 shares during the last quarter.

iShares Silver Trust Trading Down 1.3 %

NYSEARCA:SLV opened at $27.45 on Thursday. The stock has a market capitalization of $12.88 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $31.80. The firm has a fifty day simple moving average of $28.97 and a 200 day simple moving average of $27.64.

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.