Strengthening Families & Communities LLC grew its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 128.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,762 shares of the exchange traded fund’s stock after purchasing an additional 2,675 shares during the period. Strengthening Families & Communities LLC’s holdings in iShares Silver Trust were worth $125,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of SLV. Quadrature Capital Ltd acquired a new position in iShares Silver Trust in the 3rd quarter valued at $91,122,000. Bank of Montreal Can increased its stake in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after acquiring an additional 1,370,298 shares during the period. DRW Securities LLC increased its stake 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 acquiring an additional 764,813 shares during the period. RIA Advisory Group LLC acquired a new stake in iShares Silver Trust in the third quarter valued at about $20,773,000. Finally, International Assets Investment Management LLC boosted its holdings in iShares Silver Trust by 3,449.3% in the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after purchasing an additional 524,609 shares in the last quarter.
iShares Silver Trust Trading Up 0.6 %
NYSEARCA SLV opened at $29.20 on Tuesday. The business’s 50 day moving average is $27.79 and its two-hundred day moving average is $27.77. The stock has a market capitalization of $13.71 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.11 and a 12-month 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.
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