DCF Advisers LLC Purchases 96,600 Shares of iShares Silver Trust (NYSEARCA:SLV)

DCF Advisers LLC increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 193.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 146,600 shares of the exchange traded fund’s stock after acquiring an additional 96,600 shares during the period. iShares Silver Trust makes up about 2.0% of DCF Advisers LLC’s holdings, making the stock its 15th biggest position. DCF Advisers LLC’s holdings in iShares Silver Trust were worth $3,895,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. boosted its stake in iShares Silver Trust by 0.9% in the fourth quarter. D.A. Davidson & CO. now owns 91,517 shares of the exchange traded fund’s stock worth $1,993,000 after buying an additional 788 shares in the last quarter. Sovereign Financial Group Inc. purchased a new stake in iShares Silver Trust in the 1st quarter worth approximately $325,000. Scarborough Advisors LLC purchased a new stake in iShares Silver Trust in the fourth quarter worth $148,000. Commerce Bank lifted its position in shares of iShares Silver Trust by 3.5% in the 4th quarter. Commerce Bank now owns 31,000 shares of the exchange traded fund’s stock worth $675,000 after purchasing an additional 1,055 shares during the period. Finally, Hilltop Holdings Inc. boosted its position in iShares Silver Trust by 9.2% during the 4th quarter. Hilltop Holdings Inc. now owns 261,834 shares of the exchange traded fund’s stock valued at $5,703,000 after acquiring an additional 22,131 shares in the last quarter.

iShares Silver Trust Stock Up 3.1 %

Shares of SLV stock opened at $28.09 on Friday. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $29.56. The stock has a market cap of $13.18 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business’s fifty day moving average is $26.44 and its 200 day moving average is $25.92.

iShares Silver Trust Company 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.