NWI Management LP Has $120.88 Million Stake in iShares Silver Trust (NYSEARCA:SLV)

NWI Management LP increased its stake in iShares Silver Trust (NYSEARCA:SLV) by 10,526.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,313,305 shares of the exchange traded fund’s stock after buying an additional 5,263,305 shares during the quarter. iShares Silver Trust comprises approximately 3.7% of NWI Management LP’s holdings, making the stock its 4th largest holding. NWI Management LP owned approximately 1.13% of iShares Silver Trust worth $120,878,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Bleakley Financial Group LLC lifted its position in shares of iShares Silver Trust by 27.5% during the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after purchasing an additional 397,836 shares during the last quarter. Simplicity Solutions LLC lifted its position in shares of iShares Silver Trust by 26.2% during the fourth quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after purchasing an additional 383,336 shares during the last quarter. Simplicity Wealth LLC bought a new stake in shares of iShares Silver Trust during the first quarter worth $37,183,000. Commonwealth Equity Services LLC increased its stake in shares of iShares Silver Trust by 27.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock valued at $34,882,000 after buying an additional 343,004 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of iShares Silver Trust by 32.3% during the first quarter. SG Americas Securities LLC now owns 1,574,171 shares of the exchange traded fund’s stock valued at $35,812,000 after buying an additional 384,056 shares during the period.

iShares Silver Trust Trading Up 0.3 %

Shares of iShares Silver Trust stock traded up $0.07 during trading on Friday, hitting $25.48. 12,442,433 shares of the stock traded hands, compared to its average volume of 23,543,131. The firm has a market cap of $11.96 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $18.97 and a 52-week high of $29.56. The stock’s fifty day simple moving average is $27.45 and its 200 day simple moving average is $24.51.

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.