Headlands Technologies LLC Acquires Shares of 8,347 iShares Silver Trust $SLV

Headlands Technologies LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,347 shares of the exchange traded fund’s stock, valued at approximately $446,000.

Several other hedge funds and other institutional investors have also modified their holdings of SLV. Tableaux LLC bought a new position in iShares Silver Trust in the 4th quarter valued at about $133,233,000. Bank of Montreal Can grew its position in shares of iShares Silver Trust by 505.8% in the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the last quarter. Focus Partners Wealth increased its stake in shares of iShares Silver Trust by 480.3% during the fourth quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock worth $47,936,000 after purchasing an additional 615,902 shares during the period. Ameriprise Financial Inc. increased its stake in shares of iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares during the period. Finally, Walser Wealth Management Company A Ltd Liability Co acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $36,485,000.

iShares Silver Trust Price Performance

SLV opened at $60.55 on Friday. The business has a fifty day simple moving average of $55.91 and a 200 day simple moving average of $64.22. iShares Silver Trust has a 1 year low of $36.63 and a 1 year high of $109.83. The company has a market capitalization of $32.34 billion, a PE ratio of -8.51 and a beta of 0.53.

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. 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.