James Investment Research Inc. Purchases 29,117 Shares of iShares Silver Trust $SLV

James Investment Research Inc. lifted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 51.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 85,625 shares of the exchange traded fund’s stock after purchasing an additional 29,117 shares during the period. James Investment Research Inc.’s holdings in iShares Silver Trust were worth $3,628,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SLV. Copia Wealth Management raised its stake in shares of iShares Silver Trust by 18.2% in the third quarter. Copia Wealth Management now owns 12,603 shares of the exchange traded fund’s stock valued at $534,000 after acquiring an additional 1,944 shares during the last quarter. Avantax Planning Partners Inc. raised its holdings in shares of iShares Silver Trust by 9.9% during the third quarter. Avantax Planning Partners Inc. now owns 11,617 shares of the exchange traded fund’s stock worth $492,000 after acquiring an additional 1,044 shares during the period. Sovran Advisors LLC boosted its position in iShares Silver Trust by 3.7% during the 3rd quarter. Sovran Advisors LLC now owns 86,316 shares of the exchange traded fund’s stock worth $3,827,000 after acquiring an additional 3,055 shares during the last quarter. WealthShield Partners LLC grew its holdings in shares of iShares Silver Trust by 13.9% in the 3rd quarter. WealthShield Partners LLC now owns 17,644 shares of the exchange traded fund’s stock valued at $748,000 after acquiring an additional 2,155 shares in the last quarter. Finally, Liberty Wealth Management LLC acquired a new stake in iShares Silver Trust in the third quarter valued at $255,000.

iShares Silver Trust Trading Up 6.6%

Shares of NYSEARCA SLV opened at $92.91 on Monday. The business’s 50 day moving average is $63.15 and its 200-day moving average is $47.70. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $92.98. The firm has a market cap of $53.45 billion, a P/E ratio of -8.51 and a beta of 0.38.

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. 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.