1832 Asset Management L.P. Buys 46,166 Shares of iShares Silver Trust (NYSEARCA:SLV)

1832 Asset Management L.P. lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 4.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,188,015 shares of the exchange traded fund’s stock after buying an additional 46,166 shares during the period. 1832 Asset Management L.P. owned approximately 0.25% of iShares Silver Trust worth $27,027,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Simplicity Wealth LLC bought a new position in iShares Silver Trust during the 1st quarter valued at approximately $37,183,000. Pineridge Advisors LLC purchased a new position in shares of iShares Silver Trust during the fourth quarter valued at about $22,687,000. RIA Advisory Group LLC raised its stake in iShares Silver Trust by 3,532.2% in the first quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock worth $16,786,000 after buying an additional 717,540 shares in the last quarter. Yong Rong HK Asset Management Ltd purchased a new stake in iShares Silver Trust in the fourth quarter worth about $10,890,000. Finally, Bleakley Financial Group LLC boosted its position in iShares Silver Trust by 27.5% during the 4th quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after acquiring an additional 397,836 shares in the last quarter.

iShares Silver Trust Stock Up 0.3 %

Shares of NYSEARCA:SLV traded up $0.07 during trading on Friday, hitting $25.48. The stock had a trading volume of 12,442,433 shares, compared to its average volume of 23,543,131. The company has a market capitalization of $11.96 billion, a PE ratio of -7.01 and a beta of 0.43. The firm’s fifty day moving average is $27.45 and its 200 day moving average is $24.48. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $29.56.

iShares Silver Trust 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.