M Holdings Securities Inc. Buys 1,826 Shares of iShares Silver Trust (NYSEARCA:SLV)

M Holdings Securities Inc. raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,849 shares of the exchange traded fund’s stock after buying an additional 1,826 shares during the period. M Holdings Securities Inc.’s holdings in iShares Silver Trust were worth $1,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC lifted its holdings in shares of iShares Silver Trust by 406.5% in the 4th 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 holdings in shares of iShares Silver Trust by 3,471.4% in the 4th 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 bought a new position in shares of iShares Silver Trust during the 4th quarter worth $29,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 1,115 shares during the period.

iShares Silver Trust Price Performance

SLV stock opened at $29.38 on Tuesday. iShares Silver Trust has a 1-year low of $23.87 and a 1-year high of $31.80. The business has a 50-day moving average price of $29.48 and a 200 day moving average price of $28.72. The company has a market capitalization of $14.47 billion, a P/E ratio of -8.96 and a beta of 0.59.

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.