iShares Silver Trust (NYSEARCA:SLV) Shares Bought by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 60.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,464 shares of the exchange traded fund’s stock after acquiring an additional 23,265 shares during the period. iShares Silver Trust accounts for approximately 1.2% of Sugar Maple Asset Management LLC’s portfolio, making the stock its 18th biggest holding. Sugar Maple Asset Management LLC’s holdings in iShares Silver Trust were worth $1,618,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SLV. Quadrature Capital Ltd purchased a new position in iShares Silver Trust in the 3rd quarter valued at about $91,122,000. Toronto Dominion Bank raised its position in shares of iShares Silver Trust by 18.6% in 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 buying an additional 358,806 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after buying an additional 1,370,298 shares during the period. Commonwealth Equity Services LLC boosted its position in iShares Silver Trust by 1.6% during the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock worth $53,294,000 after acquiring an additional 30,116 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in iShares Silver Trust by 14.5% in the 2nd quarter. Cetera Investment Advisers now owns 935,476 shares of the exchange traded fund’s stock worth $24,856,000 after acquiring an additional 118,715 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV opened at $27.61 on Tuesday. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The company has a market capitalization of $12.96 billion, a PE ratio of -7.01 and a beta of 0.43. The stock has a fifty day moving average of $27.63 and a two-hundred day moving average of $27.68.

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.