Milestone Asset Management LLC Has $2.72 Million Stake in iShares Silver Trust (NYSEARCA:SLV)

Milestone Asset Management LLC grew its position in iShares Silver Trust (NYSEARCA:SLV) by 18.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 103,399 shares of the exchange traded fund’s stock after purchasing an additional 15,907 shares during the period. Milestone Asset Management LLC’s holdings in iShares Silver Trust were worth $2,722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SLV. Vontobel Holding Ltd. grew its position in iShares Silver Trust by 106.0% during the third quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock worth $1,744,000 after buying an additional 31,601 shares in the last quarter. ROI Financial Advisors LLC lifted its stake in iShares Silver Trust by 64.0% during the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock worth $774,000 after purchasing an additional 10,626 shares during the last quarter. FMR LLC lifted its stake in iShares Silver Trust by 46.4% during the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock worth $460,000 after purchasing an additional 5,135 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in iShares Silver Trust by 5.7% during the third quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock worth $3,879,000 after purchasing an additional 7,388 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Silver Trust by 2.0% during the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock worth $5,575,000 after purchasing an additional 3,901 shares during the last quarter.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $28.00 on Thursday. iShares Silver Trust has a fifty-two week low of $20.11 and a fifty-two week high of $31.80. The stock has a market capitalization of $13.14 billion, a PE ratio of -7.01 and a beta of 0.43. The business has a fifty day moving average price of $27.60 and a two-hundred day moving average price of $27.66.

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.