Oppenheimer & Co. Inc. Grows Stake in iShares Silver Trust (NYSEARCA:SLV)

Oppenheimer & Co. Inc. grew its position in iShares Silver Trust (NYSEARCA:SLV) by 12.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 223,009 shares of the exchange traded fund’s stock after purchasing an additional 25,306 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares Silver Trust were worth $5,872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SLV. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth $25,000. Key Client Fiduciary Advisors LLC lifted its stake in shares of iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 4,825 shares during the period. McClarren Financial Advisors Inc. lifted its stake in shares of iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares during the period. Stonebridge Financial Group LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth $29,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth $35,000.

iShares Silver Trust Trading Down 0.3 %

NYSEARCA:SLV opened at $28.31 on Friday. iShares Silver Trust has a 12 month low of $20.61 and a 12 month high of $31.80. The firm has a fifty day simple moving average of $28.11 and a 200-day simple moving average of $28.10. The company has a market capitalization of $13.52 billion, a P/E ratio of -8.33 and a beta of 0.74.

About iShares Silver Trust

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.