Claro Advisors LLC Has $1.49 Million Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Claro Advisors LLC grew its holdings in iShares Silver Trust (NYSEARCA:SLV) by 557.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 52,384 shares of the exchange traded fund’s stock after purchasing an additional 44,419 shares during the period. Claro Advisors LLC’s holdings in iShares Silver Trust were worth $1,488,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. NWI Management LP grew its position in shares of iShares Silver Trust by 10,526.6% in the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after acquiring an additional 5,263,305 shares during the period. Commonwealth Equity Services LLC increased its position in iShares Silver Trust by 16.2% during the second quarter. Commonwealth Equity Services LLC now owns 1,845,780 shares of the exchange traded fund’s stock worth $49,042,000 after buying an additional 257,022 shares during the last quarter. Meitav Investment House Ltd. bought a new stake in iShares Silver Trust in the second quarter valued at approximately $45,688,000. SG Americas Securities LLC lifted its position in shares of iShares Silver Trust by 32.3% in the first quarter. SG Americas Securities LLC now owns 1,574,171 shares of the exchange traded fund’s stock valued at $35,812,000 after buying an additional 384,056 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of iShares Silver Trust by 17.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock worth $35,923,000 after acquiring an additional 204,606 shares during the period.

iShares Silver Trust Trading Up 6.1 %

SLV stock opened at $30.65 on Friday. The business’s 50 day simple moving average is $27.52 and its 200 day simple moving average is $26.85. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $30.72. The firm has a market capitalization of $14.39 billion, a PE ratio of -7.01 and a beta of 0.43.

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.