Envestnet Portfolio Solutions Inc. Purchases 3,459 Shares of iShares Silver Trust (NYSEARCA:SLV)

Envestnet Portfolio Solutions Inc. increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,493 shares of the exchange traded fund’s stock after purchasing an additional 3,459 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Silver Trust were worth $698,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SLV. Bank of New York Mellon Corp increased its holdings in iShares Silver Trust by 29.8% during the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock valued at $20,015,000 after buying an additional 174,501 shares during the period. Fisher Asset Management LLC acquired a new position in iShares Silver Trust during the 4th quarter valued at about $220,000. Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in iShares Silver Trust by 55.8% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after buying an additional 5,790 shares during the last quarter. Savant Capital LLC boosted its holdings in iShares Silver Trust by 26.8% in the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock worth $349,000 after acquiring an additional 2,803 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,115 shares during the last quarter.

iShares Silver Trust Trading Down 0.2 %

Shares of iShares Silver Trust stock opened at $29.96 on Tuesday. The firm has a market capitalization of $14.33 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 12-month low of $22.29 and a 12-month high of $31.80. The firm’s 50 day simple moving average is $29.11 and its two-hundred day simple moving average is $28.55.

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.