Verus Capital Partners LLC Purchases 3,134 Shares of iShares Silver Trust (NYSEARCA:SLV)

Verus Capital Partners LLC boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 43.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,292 shares of the exchange traded fund’s stock after purchasing an additional 3,134 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares Silver Trust were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quadrature Capital Ltd bought a new stake in iShares Silver Trust during the 3rd quarter worth about $91,122,000. Toronto Dominion Bank increased its stake in shares of iShares Silver Trust by 18.6% in the 3rd quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after acquiring an additional 358,806 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of iShares Silver Trust by 715.2% in the 4th quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after acquiring an additional 1,858,658 shares during the last quarter. Bank of Montreal Can increased its stake in shares of iShares Silver Trust by 258.4% in the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after acquiring an additional 1,370,298 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in shares of iShares Silver Trust by 3.6% in the 3rd quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after acquiring an additional 26,281 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $28.31 on Friday. The stock has a market cap of $13.52 billion, a PE ratio of -8.33 and a beta of 0.74. The stock has a 50-day moving average of $28.14 and a 200-day moving average of $28.14. iShares Silver Trust has a one year low of $20.61 and a one year high of $31.80.

iShares Silver Trust 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.