Wellington Shields Capital Management LLC Has $7.53 Million Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Wellington Shields Capital Management LLC grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 392.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 285,997 shares of the exchange traded fund’s stock after purchasing an additional 227,970 shares during the period. Wellington Shields Capital Management LLC owned approximately 0.06% of iShares Silver Trust worth $7,530,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SLV. Quadrature Capital Ltd acquired a new position in iShares Silver Trust during the 3rd quarter worth approximately $91,122,000. Raymond James Financial Inc. bought a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $57,303,000. Proficio Capital Partners LLC raised its position in shares of iShares Silver Trust by 715.2% during the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock worth $55,781,000 after purchasing an additional 1,858,658 shares during the period. Bank of Montreal Can lifted its holdings in shares of iShares Silver Trust by 258.4% in 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. Finally, DRW Securities LLC grew its position in iShares Silver Trust by 1,019.8% in the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock valued at $19,598,000 after purchasing an additional 764,813 shares during the period.

iShares Silver Trust Trading Up 1.7 %

Shares of SLV stock opened at $30.74 on Friday. iShares Silver Trust has a 12 month low of $22.29 and a 12 month high of $31.80. The firm has a market capitalization of $14.68 billion, a PE ratio of -8.33 and a beta of 0.74. The firm has a fifty day simple moving average of $28.58 and a two-hundred day simple moving average of $28.31.

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.