VectorGlobal IAG Inc. purchased a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 9,674 shares of the exchange traded fund’s stock, valued at approximately $659,000.
A number of other large investors have also modified their holdings of the business. Axiom Investment Management LLC purchased a new stake in iShares Silver Trust during the 1st quarter worth approximately $26,000. Sarver Vrooman Wealth Advisors purchased a new position in shares of iShares Silver Trust in the fourth quarter worth $30,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of iShares Silver Trust in the fourth quarter worth $32,000. Redwood Park Advisors LLC lifted its stake in shares of iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 266 shares during the period. Finally, Sfam LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth $33,000.
iShares Silver Trust Stock Performance
iShares Silver Trust stock opened at $52.36 on Monday. The business’s 50-day simple moving average is $57.53 and its two-hundred day simple moving average is $68.14. The company has a market cap of $27.97 billion, a PE ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a fifty-two week low of $33.10 and a fifty-two week high of $109.83.
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. 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.
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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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