Bath Savings Trust Co Takes $1.94 Million Position in iShares Silver Trust $SLV

Bath Savings Trust Co purchased a new stake in iShares Silver Trust (NYSEARCA:SLVFree Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 30,037 shares of the exchange traded fund’s stock, valued at approximately $1,935,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quadrature Capital Ltd raised its position in iShares Silver Trust by 1,691.5% during the third 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 during the period. Guggenheim Capital LLC grew its position in shares of iShares Silver Trust by 1,557.6% in the second quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock valued at $30,006,000 after purchasing an additional 859,355 shares during the period. Mainstay Capital Management LLC ADV increased its stake in shares of iShares Silver Trust by 478.6% during the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after purchasing an additional 827,089 shares in the last quarter. 1832 Asset Management L.P. acquired a new position in shares of iShares Silver Trust during the 2nd quarter worth about $26,643,000. Finally, Briaud Financial Planning Inc raised its position in shares of iShares Silver Trust by 5,493.2% during the 3rd quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock worth $26,314,000 after purchasing an additional 609,960 shares during the last quarter.

iShares Silver Trust Trading Up 0.8%

Shares of iShares Silver Trust stock opened at $62.95 on Wednesday. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $109.83. The firm has a market capitalization of $34.65 billion, a PE ratio of -8.51 and a beta of 0.38. The firm’s 50-day moving average price is $77.74 and its 200 day moving average price is $59.96.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

About iShares Silver Trust

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.