iShares Silver Trust $SLV Shares Acquired by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. raised its holdings in iShares Silver Trust (NYSEARCA:SLV) by 18.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 141,410 shares of the exchange traded fund’s stock after purchasing an additional 21,850 shares during the quarter. iShares Silver Trust accounts for 1.1% of Banco BTG Pactual S.A.’s holdings, making the stock its 25th largest holding. Banco BTG Pactual S.A.’s holdings in iShares Silver Trust were worth $4,382,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its stake in shares of iShares Silver Trust by 33.3% in the first quarter. Farther Finance Advisors LLC now owns 8,463 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 2,112 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Silver Trust by 6.7% during the first quarter. Envestnet Asset Management Inc. now owns 1,076,568 shares of the exchange traded fund’s stock worth $33,363,000 after buying an additional 68,041 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in iShares Silver Trust by 13.7% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 30,131 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 3,638 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares Silver Trust by 21.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 214,948 shares of the exchange traded fund’s stock worth $6,661,000 after acquiring an additional 37,464 shares during the period. Finally, Northern Trust Corp raised its stake in shares of iShares Silver Trust by 1.6% during the 4th quarter. Northern Trust Corp now owns 39,415 shares of the exchange traded fund’s stock worth $1,038,000 after buying an additional 621 shares in the last quarter.

iShares Silver Trust Stock Down 2.0%

NYSEARCA:SLV opened at $33.87 on Wednesday. The firm’s fifty day simple moving average is $33.93 and its 200-day simple moving average is $31.24. The stock has a market cap of $18.18 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a fifty-two week low of $25.27 and a fifty-two week high of $35.91.

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.