iShares Silver Trust $SLV Shares Purchased by Sicart Associates LLC

Sicart Associates LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 141.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,216 shares of the exchange traded fund’s stock after buying an additional 41,722 shares during the quarter. Sicart Associates LLC’s holdings in iShares Silver Trust were worth $4,853,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SLV. Sarver Vrooman Wealth Advisors acquired a new stake in shares of iShares Silver Trust in the 4th quarter worth $30,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of iShares Silver Trust during the 4th quarter worth $32,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the 4th quarter valued at about $33,000. Redwood Park Advisors LLC boosted its position in shares of iShares Silver Trust by 106.4% during the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 266 shares during the last quarter. Finally, Sfam LLC acquired a new position in shares of iShares Silver Trust during the 4th quarter valued at about $33,000.

iShares Silver Trust Trading Up 1.8%

Shares of SLV opened at $53.28 on Friday. iShares Silver Trust has a 12-month low of $32.53 and a 12-month high of $109.83. The firm has a market capitalization of $30.16 billion, a P/E ratio of -8.51 and a beta of 0.45. The firm has a 50-day moving average price of $66.30 and a 200 day moving average price of $70.04.

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.