Oxbow Advisors LLC Buys 82,780 Shares of iShares Silver Trust $SLV

Oxbow Advisors LLC grew its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 41.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 283,872 shares of the exchange traded fund’s stock after buying an additional 82,780 shares during the period. iShares Silver Trust accounts for about 1.1% of Oxbow Advisors LLC’s holdings, making the stock its 18th largest position. Oxbow Advisors LLC’s holdings in iShares Silver Trust were worth $12,028,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SLV. Meitav Investment House Ltd. grew its position in iShares Silver Trust by 5.4% during the second quarter. Meitav Investment House Ltd. now owns 2,972,600 shares of the exchange traded fund’s stock worth $97,589,000 after buying an additional 152,600 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares Silver Trust by 1.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock worth $81,118,000 after acquiring an additional 25,584 shares during the period. Commonwealth Equity Services LLC increased its position in shares of iShares Silver Trust by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock valued at $85,732,000 after purchasing an additional 26,710 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares Silver Trust by 27.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,372,143 shares of the exchange traded fund’s stock valued at $45,020,000 after purchasing an additional 295,575 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of iShares Silver Trust by 4.5% in the second quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock valued at $42,347,000 after purchasing an additional 55,180 shares in the last quarter.

iShares Silver Trust Trading Up 6.6%

SLV stock traded up $5.78 during midday trading on Friday, hitting $92.91. The stock had a trading volume of 141,799,242 shares, compared to its average volume of 115,661,336. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $92.98. The stock has a 50-day simple moving average of $63.15 and a 200 day simple moving average of $47.50. The firm has a market capitalization of $53.45 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

Trending Headlines about iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Profile

(Free Report)

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.

Featured Stories

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:SLVFree Report).

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.