Cambridge Investment Research Advisors Inc. Buys 130,885 Shares of iShares Silver Trust (NYSEARCA:SLV)

Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 18.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 842,964 shares of the exchange traded fund’s stock after buying an additional 130,885 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.18% of iShares Silver Trust worth $22,398,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new position in iShares Silver Trust in the fourth quarter valued at about $26,000. AlphaMark Advisors LLC raised its position in shares of iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 372 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in shares of iShares Silver Trust during the 2nd quarter worth approximately $29,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $34,000. Finally, West Oak Capital LLC increased its stake in iShares Silver Trust by 102.3% in the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 655 shares during the last quarter.

iShares Silver Trust Price Performance

SLV traded up $0.04 during trading on Tuesday, hitting $27.36. 10,560,458 shares of the stock traded hands, compared to its average volume of 22,845,354. The business has a 50 day moving average price of $26.66 and a 200 day moving average price of $25.26. The company has a market cap of $12.84 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $29.56.

iShares Silver Trust Company 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.