Knoll Capital Management LLC Purchases 31,500 Shares of iShares Silver Trust (NYSEARCA:SLV)

Knoll Capital Management LLC grew its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 64.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,000 shares of the exchange traded fund’s stock after buying an additional 31,500 shares during the quarter. iShares Silver Trust makes up about 1.1% of Knoll Capital Management LLC’s investment portfolio, making the stock its 19th biggest position. Knoll Capital Management LLC’s holdings in iShares Silver Trust were worth $2,273,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SLV. Bank of Montreal Can lifted its position in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after purchasing an additional 1,370,298 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in iShares Silver Trust by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after buying an additional 30,116 shares during the period. Meitav Investment House Ltd. acquired a new position in iShares Silver Trust in the second quarter valued at approximately $45,688,000. Raymond James Financial Services Advisors Inc. lifted its holdings in iShares Silver Trust by 17.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock valued at $35,923,000 after buying an additional 204,606 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares Silver Trust by 27.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock valued at $31,633,000 after buying an additional 259,988 shares during the period.

iShares Silver Trust Stock Performance

SLV opened at $27.45 on Friday. The firm’s fifty day moving average is $28.97 and its two-hundred day moving average is $27.64. The firm has a market cap of $12.88 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $31.80.

iShares Silver Trust Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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