Centricity Wealth Management LLC Makes New Investment in iShares Silver Trust (NYSEARCA:SLV)

Centricity Wealth Management LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,751 shares of the exchange traded fund’s stock, valued at approximately $46,000.

Other large investors also recently modified their holdings of the company. Quadrature Capital Ltd acquired a new position in shares of iShares Silver Trust during the 3rd quarter valued at $91,122,000. Toronto Dominion Bank raised its holdings in shares of iShares Silver Trust by 18.6% during the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after purchasing an additional 358,806 shares during the period. Bank of Montreal Can boosted its position in shares of iShares Silver Trust by 258.4% during the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after purchasing an additional 1,370,298 shares in the last quarter. MML Investors Services LLC grew its stake in shares of iShares Silver Trust by 3.6% in the 3rd quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after buying an additional 26,281 shares during the period. Finally, Cadence Wealth Management LLC increased its position in iShares Silver Trust by 26.2% in the 3rd quarter. Cadence Wealth Management LLC now owns 760,065 shares of the exchange traded fund’s stock valued at $21,593,000 after buying an additional 158,016 shares in the last quarter.

iShares Silver Trust Stock Performance

SLV stock opened at $29.59 on Friday. The stock’s 50 day simple moving average is $27.98 and its 200 day simple moving average is $27.98. The company has a market cap of $13.89 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $20.45 and a fifty-two week high of $31.80.

iShares Silver Trust Company 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.