Tradewinds Capital Management LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 72.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,218 shares of the exchange traded fund’s stock after buying an additional 3,880 shares during the quarter. Tradewinds Capital Management LLC’s holdings in iShares Silver Trust were worth $243,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new stake in iShares Silver Trust during the 3rd quarter worth approximately $91,122,000. Bank of Montreal Can boosted its position in iShares Silver Trust by 258.4% during the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after buying an additional 1,370,298 shares during the period. DRW Securities LLC lifted its holdings in shares of iShares Silver Trust by 1,019.8% during the third quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after purchasing an additional 764,813 shares during the period. RIA Advisory Group LLC acquired a new position in shares of iShares Silver Trust during the third quarter worth $20,773,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of iShares Silver Trust by 3,449.3% during the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after purchasing an additional 524,609 shares during the period.
iShares Silver Trust Trading Down 1.2 %
Shares of SLV opened at $29.59 on Friday. The company has a market capitalization of $13.89 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12 month low of $20.45 and a 12 month high of $31.80. The stock’s 50-day moving average price is $27.98 and its two-hundred day moving average price is $28.00.
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.
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