Janney Montgomery Scott LLC boosted its position in iShares Silver Trust (NYSEARCA:SLV) by 1.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 100,046 shares of the exchange traded fund’s stock after buying an additional 1,913 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Silver Trust were worth $1,572,000 at the end of the most recent reporting period.

Separately, Puplava Financial Services Inc. boosted its stake in shares of iShares Silver Trust by 4.1% in the second quarter. Puplava Financial Services Inc. now owns 14,485 shares of the exchange traded fund’s stock worth $228,000 after buying an additional 565 shares in the last quarter.

Shares of iShares Silver Trust (SLV) opened at 15.56 on Wednesday. iShares Silver Trust has a 12 month low of $14.44 and a 12 month high of $19.32. The firm’s 50 day moving average is $15.48 and its 200-day moving average is $16.28.

TRADEMARK VIOLATION NOTICE: “Janney Montgomery Scott LLC Has $1.57 Million Stake in iShares Silver Trust (SLV)” was first reported by Daily Political and is the property of of Daily Political. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.dailypolitical.com/2017/08/09/janney-montgomery-scott-llc-has-1-57-million-stake-in-ishares-silver-trust-slv.html.

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.

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.