iShares Silver Trust $SLV Shares Purchased by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 64.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 63,500 shares of the exchange traded fund’s stock after buying an additional 25,000 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in iShares Silver Trust were worth $4,156,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. NFSG Corp purchased a new stake in iShares Silver Trust during the first quarter valued at about $155,000. Ethos Financial Group LLC raised its holdings in shares of iShares Silver Trust by 1.5% in the 1st quarter. Ethos Financial Group LLC now owns 19,655 shares of the exchange traded fund’s stock worth $1,338,000 after purchasing an additional 292 shares during the period. 1ST Source Bank lifted its stake in shares of iShares Silver Trust by 26.6% in the 1st quarter. 1ST Source Bank now owns 9,494 shares of the exchange traded fund’s stock valued at $647,000 after purchasing an additional 1,994 shares in the last quarter. Avantax Planning Partners Inc. grew its holdings in shares of iShares Silver Trust by 18.5% during the 1st quarter. Avantax Planning Partners Inc. now owns 14,400 shares of the exchange traded fund’s stock worth $981,000 after purchasing an additional 2,245 shares during the period. Finally, Nicholson Wealth Management Group LLC grew its stake in iShares Silver Trust by 15.5% during the first quarter. Nicholson Wealth Management Group LLC now owns 8,576 shares of the exchange traded fund’s stock worth $584,000 after buying an additional 1,150 shares during the period.

iShares Silver Trust Trading Down 1.8%

Shares of NYSEARCA SLV opened at $52.21 on Thursday. iShares Silver Trust has a 12-month low of $33.10 and a 12-month high of $109.83. The company has a market cap of $27.89 billion, a P/E ratio of -8.51 and a beta of 0.49. The stock has a fifty day moving average price of $62.38 and a 200 day moving average price of $69.60.

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.