Rare Wolf Capital LLC Invests $799,000 in iShares Silver Trust $SLV

Rare Wolf Capital LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, Holdings Channel reports. The institutional investor bought 12,401 shares of the exchange traded fund’s stock, valued at approximately $799,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Tableaux LLC bought a new stake in iShares Silver Trust during the fourth quarter worth about $133,233,000. Bank of Montreal Can increased its holdings in shares of iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after buying an additional 1,852,688 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of iShares Silver Trust by 259.9% in the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after acquiring an additional 1,011,000 shares during the last quarter. Quadrature Capital Ltd raised its stake in shares of iShares Silver Trust by 1,691.5% in the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after acquiring an additional 906,747 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its holdings in shares of iShares Silver Trust by 478.6% in the 3rd quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after acquiring an additional 827,089 shares in the last quarter.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $59.51 on Friday. The firm has a market cap of $33.68 billion, a PE ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83. The stock’s 50 day simple moving average is $68.01 and its 200 day simple moving average is $70.06.

iShares Silver Trust 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. 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.