Stephens Inc. AR Purchases 23,807 Shares of iShares Silver Trust $SLV

Stephens Inc. AR boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 17.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 162,635 shares of the exchange traded fund’s stock after purchasing an additional 23,807 shares during the quarter. Stephens Inc. AR’s holdings in iShares Silver Trust were worth $10,497,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SLV. Raleigh Capital Management Inc. bought a new stake in iShares Silver Trust during the third quarter worth approximately $32,000. Rialto Wealth Management LLC bought a new stake in iShares Silver Trust during the fourth quarter worth approximately $33,000. Farmers & Merchants Trust Co of Chambersburg PA boosted its position in iShares Silver Trust by 274.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 425 shares during the period. Hopwood Financial Services Inc. bought a new stake in iShares Silver Trust during the third quarter worth approximately $38,000. Finally, Bangor Savings Bank bought a new stake in iShares Silver Trust during the fourth quarter worth approximately $38,000.

iShares Silver Trust Stock Down 8.6%

Shares of iShares Silver Trust stock opened at $69.04 on Friday. The stock has a market capitalization of $39.08 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock has a 50 day moving average price of $69.84 and a two-hundred day moving average price of $66.60. iShares Silver Trust has a 12-month low of $29.09 and a 12-month high of $109.83.

Key iShares Silver Trust News

Here are the key news stories impacting iShares Silver Trust this week:

About iShares Silver Trust

(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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

Further Reading

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

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