48,000 Shares in iShares Silver Trust $SLV Bought by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 48,000 shares of the exchange traded fund’s stock, valued at approximately $3,092,000.

Other institutional investors also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. increased its stake in iShares Silver Trust by 15.4% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after acquiring an additional 11,563 shares during the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of iShares Silver Trust by 33.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock valued at $2,433,000 after purchasing an additional 9,391 shares in the last quarter. Finer Wealth Management Inc. purchased a new position in shares of iShares Silver Trust in the fourth quarter valued at $709,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in iShares Silver Trust by 47.8% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock worth $1,869,000 after purchasing an additional 9,384 shares during the last quarter. Finally, Sound Income Strategies LLC increased its position in iShares Silver Trust by 268.2% in the fourth quarter. Sound Income Strategies LLC now owns 25,112 shares of the exchange traded fund’s stock worth $1,618,000 after purchasing an additional 18,291 shares during the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $53.28 on Monday. iShares Silver Trust has a 52-week low of $32.53 and a 52-week high of $109.83. The firm’s fifty day moving average is $66.30 and its 200 day moving average is $70.17. The company has a market cap of $30.16 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

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. 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.