Choreo LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 11.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,280 shares of the exchange traded fund’s stock after purchasing an additional 2,887 shares during the quarter. Choreo LLC’s holdings in iShares Silver Trust were worth $745,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of SLV. Quadrature Capital Ltd purchased a new position in iShares Silver Trust during the 3rd quarter worth $91,122,000. Toronto Dominion Bank increased its stake in shares of iShares Silver Trust by 18.6% during the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock worth $64,883,000 after acquiring an additional 358,806 shares during the period. Bank of Montreal Can raised its holdings in iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after purchasing an additional 1,370,298 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in iShares Silver Trust by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after purchasing an additional 30,116 shares during the period. Finally, MML Investors Services LLC boosted its holdings in iShares Silver Trust by 3.6% in the 3rd quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after purchasing an additional 26,281 shares in the last quarter.
iShares Silver Trust Trading Down 1.2 %
Shares of SLV stock opened at $29.03 on Monday. The stock has a 50 day simple moving average of $27.77 and a 200-day simple moving average of $27.75. The company has a market cap of $13.63 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.11 and a 12-month high of $31.80.
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.
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