Two Sigma Securities LLC Boosts Stock Position in iShares Silver Trust $SLV

Two Sigma Securities LLC boosted its position in iShares Silver Trust (NYSEARCA:SLV) by 276.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,000 shares of the exchange traded fund’s stock after purchasing an additional 41,107 shares during the quarter. Two Sigma Securities LLC’s holdings in iShares Silver Trust were worth $2,994,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. lifted its position in iShares Silver Trust by 12.7% during the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after acquiring an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. grew its holdings 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 worth $113,391,000 after purchasing an additional 573,660 shares during the last quarter. Bank of Montreal Can increased its position in shares of iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after purchasing an additional 1,852,688 shares in the last quarter. Tableaux LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter worth $133,233,000. Finally, MML Investors Services LLC lifted its holdings in shares of iShares Silver Trust by 34.8% during the 4th quarter. MML Investors Services LLC now owns 1,402,204 shares of the exchange traded fund’s stock valued at $90,330,000 after purchasing an additional 362,291 shares during the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $60.02 on Monday. iShares Silver Trust has a 1-year low of $35.32 and a 1-year high of $109.83. The business has a fifty day moving average price of $55.53 and a 200-day moving average price of $64.57. The stock has a market capitalization of $32.06 billion, a price-to-earnings ratio of -8.51 and a beta of 0.50.

About iShares Silver Trust

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.