iShares Silver Trust $SLV Shares Acquired by GFS Advisors LLC

GFS Advisors LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 50.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,184 shares of the exchange traded fund’s stock after purchasing an additional 23,626 shares during the quarter. GFS Advisors LLC’s holdings in iShares Silver Trust were worth $4,521,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas lifted its position in shares of iShares Silver Trust by 259.9% during the 4th quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock worth $90,188,000 after buying an additional 1,011,000 shares during the last quarter. Quadrature Capital Ltd raised its stake in iShares Silver Trust by 1,691.5% during the 3rd quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after acquiring an additional 906,747 shares in the last quarter. Mainstay Capital Management LLC ADV lifted its position in iShares Silver Trust by 478.6% in the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock valued at $42,365,000 after acquiring an additional 827,089 shares during the last quarter. Briaud Financial Planning Inc lifted its position in iShares Silver Trust by 5,493.2% in the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after acquiring an additional 609,960 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after acquiring an additional 573,660 shares in the last quarter.

iShares Silver Trust Stock Performance

SLV opened at $59.01 on Wednesday. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83. The stock has a market capitalization of $33.40 billion, a P/E ratio of -8.51 and a beta of 0.45. The business’s 50-day simple moving average is $68.75 and its 200-day simple moving average is $69.39.

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.