VMS Asset Management Limited Takes $9.27 Million Position in iShares Silver Trust $SLV

VMS Asset Management Limited purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 143,818 shares of the exchange traded fund’s stock, valued at approximately $9,265,000. iShares Silver Trust makes up approximately 3.6% of VMS Asset Management Limited’s investment portfolio, making the stock its 3rd largest holding.

A number of other hedge funds also recently made changes to their positions in the stock. TBH Global Asset Management LLC boosted its stake in shares of iShares Silver Trust by 1.5% in the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 104 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of iShares Silver Trust by 23.4% in the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 130 shares in the last quarter. JNBA Financial Advisors boosted its stake in shares of iShares Silver Trust by 1.2% in the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 132 shares in the last quarter. Wolff Wiese Magana LLC boosted its stake in shares of iShares Silver Trust by 1.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock valued at $651,000 after purchasing an additional 150 shares in the last quarter. Finally, Wesbanco Bank Inc. boosted its stake in shares of iShares Silver Trust by 1.2% in the 4th quarter. Wesbanco Bank Inc. now owns 12,421 shares of the exchange traded fund’s stock valued at $800,000 after purchasing an additional 152 shares in the last quarter.

iShares Silver Trust Trading Up 1.2%

SLV opened at $66.98 on Friday. The company’s 50 day moving average is $68.89 and its 200-day moving average is $69.08. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The company has a market cap of $37.91 billion, a P/E ratio of -8.51 and a beta of 0.45.

iShares Silver Trust Company 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.