Rakuten Securities Inc. lifted its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 429.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,262 shares of the exchange traded fund’s stock after acquiring an additional 10,759 shares during the quarter. Rakuten Securities Inc.’s holdings in iShares Silver Trust were worth $377,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in SLV. Vontobel Holding Ltd. boosted its position in iShares Silver Trust by 106.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock valued at $1,744,000 after buying an additional 31,601 shares during the period. Sequoia Financial Advisors LLC lifted its position in shares of iShares Silver Trust by 29.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock worth $318,000 after purchasing an additional 2,749 shares during the last quarter. Atomi Financial Group Inc. lifted its position in shares of iShares Silver Trust by 7.9% during the 1st quarter. Atomi Financial Group Inc. now owns 12,176 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 888 shares during the last quarter. Inspirion Wealth Advisors LLC purchased a new stake in shares of iShares Silver Trust during the 2nd quarter worth $220,000. Finally, ORG Partners LLC purchased a new stake in shares of iShares Silver Trust during the 2nd quarter worth $39,000.
iShares Silver Trust Trading Down 1.8 %
iShares Silver Trust stock opened at $27.97 on Tuesday. The stock has a market cap of $13.13 billion, a P/E ratio of -7.01 and a beta of 0.43. The company has a fifty day simple moving average of $28.66 and a 200-day simple moving average of $27.40. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80.
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.
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