Raymond James Trust N.A. Raises Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Raymond James Trust N.A. raised its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.1% during the 3rd quarter, Holdings Channel reports. The firm owned 12,881 shares of the exchange traded fund’s stock after buying an additional 383 shares during the quarter. Raymond James Trust N.A.’s holdings in iShares Silver Trust were worth $366,000 as of its most recent filing with the SEC.

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

iShares Silver Trust Trading Up 0.6 %

Shares of NYSEARCA:SLV opened at $27.80 on Wednesday. The company has a market capitalization of $13.05 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The business has a 50 day moving average of $28.98 and a two-hundred day moving average of $27.63.

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.