Pathfinder Wealth Consulting Inc. Buys New Holdings in iShares Silver Trust $SLV

Pathfinder Wealth Consulting Inc. purchased a new position in iShares Silver Trust (NYSEARCA:SLVFree Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 14,715 shares of the exchange traded fund’s stock, valued at approximately $948,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SLV. Teacher Retirement System of Texas lifted its holdings in shares of iShares Silver Trust by 259.9% in the fourth 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 in the last quarter. Quadrature Capital Ltd grew its stake 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 valued at $40,681,000 after acquiring an additional 906,747 shares in the last quarter. Mainstay Capital Management LLC ADV increased its holdings in iShares Silver Trust by 478.6% in the 3rd 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 increased its holdings in iShares Silver Trust by 5,493.2% in the 3rd 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. lifted its stake in iShares Silver Trust by 27.3% in the 3rd 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 in the last quarter.

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iShares Silver Trust Stock Down 1.6%

SLV opened at $68.36 on Friday. The firm has a 50-day simple moving average of $68.98 and a two-hundred day simple moving average of $67.48. iShares Silver Trust has a 52 week low of $29.78 and a 52 week high of $109.83. The company has a market capitalization of $38.69 billion, a PE ratio of -8.51 and a beta of 0.45.

iShares Silver Trust Profile

(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.

See Also

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)

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