iShares Silver Trust $SLV Shares Acquired by Cibc World Market Inc.

Cibc World Market Inc. lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 36.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,028 shares of the exchange traded fund’s stock after purchasing an additional 19,189 shares during the period. Cibc World Market Inc.’s holdings in iShares Silver Trust were worth $4,640,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. lifted its position in shares of iShares Silver Trust by 12.7% during the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after purchasing an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares in the last quarter. Mainstay Capital Management LLC ADV increased its stake in shares of iShares Silver Trust by 82.5% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after buying an additional 824,589 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of iShares Silver Trust by 5.7% in the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after buying an additional 94,521 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after acquiring an additional 273,913 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $61.57 on Monday. The firm has a market cap of $34.85 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The firm has a fifty day moving average of $68.82 and a two-hundred day moving average of $69.20.

iShares Silver Trust 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. 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.