Nations Financial Group Inc. IA ADV Purchases 1,880 Shares of iShares Silver Trust (NYSEARCA:SLV)

Nations Financial Group Inc. IA ADV raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,553 shares of the exchange traded fund’s stock after purchasing an additional 1,880 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares Silver Trust were worth $3,410,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SLV. City State Bank boosted its holdings in shares of iShares Silver Trust by 9.7% in the 4th quarter. City State Bank now owns 5,680 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 500 shares during the last quarter. Grant GrossMendelsohn LLC boosted its holdings in iShares Silver Trust by 4.4% during the fourth quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 505 shares in the last quarter. Van Hulzen Asset Management LLC boosted its holdings in iShares Silver Trust by 1.5% during the fourth quarter. Van Hulzen Asset Management LLC now owns 37,776 shares of the exchange traded fund’s stock worth $823,000 after buying an additional 570 shares in the last quarter. Private Trust Co. NA boosted its holdings in iShares Silver Trust by 17.9% during the fourth quarter. Private Trust Co. NA now owns 3,893 shares of the exchange traded fund’s stock worth $85,000 after buying an additional 591 shares in the last quarter. Finally, Lesa Sroufe & Co boosted its holdings in iShares Silver Trust by 0.5% during the fourth quarter. Lesa Sroufe & Co now owns 132,099 shares of the exchange traded fund’s stock worth $2,877,000 after buying an additional 661 shares in the last quarter.

iShares Silver Trust Trading Up 0.7 %

SLV traded up $0.19 during midday trading on Friday, hitting $27.74. 14,534,572 shares of the company traded hands, compared to its average volume of 25,251,955. The company has a market capitalization of $13.02 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $18.97 and a 52-week high of $29.56. The business has a 50 day simple moving average of $25.12 and a two-hundred day simple moving average of $22.72.

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.