iShares Silver Trust $SLV Stock Acquired by Investment Partners LTD.

Investment Partners LTD. increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 95.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 85,460 shares of the exchange traded fund’s stock after purchasing an additional 41,795 shares during the period. Investment Partners LTD.’s holdings in iShares Silver Trust were worth $4,658,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SLV. Axiom Investment Management LLC purchased a new position in shares of iShares Silver Trust in the first quarter valued at approximately $26,000. Horizons Wealth Management purchased a new stake in shares of iShares Silver Trust during the third quarter worth approximately $26,000. West Branch Capital LLC purchased a new stake in shares of iShares Silver Trust during the second quarter worth approximately $27,000. Bullseye Investment Management LLC acquired a new position in iShares Silver Trust in the 2nd quarter valued at $27,000. Finally, Cape Investment Advisory Inc. acquired a new position in iShares Silver Trust in the 2nd quarter valued at $38,000.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $44.60 on Friday. The stock’s fifty day moving average is $55.82 and its two-hundred day moving average is $64.38. The firm has a market capitalization of $24.00 billion, a P/E ratio of -8.51 and a beta of 0.51. iShares Silver Trust has a fifty-two week low of $42.51 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.