Clarus Group Inc. lifted its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 8.8% in the fourth quarter, Holdings Channel reports. The firm owned 16,750 shares of the exchange traded fund’s stock after acquiring an additional 1,350 shares during the period. Clarus Group Inc.’s holdings in iShares Silver Trust were worth $441,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new position in shares of iShares Silver Trust during the fourth quarter worth approximately $25,000. Spartan Fund Management Inc. acquired a new stake in iShares Silver Trust during the 3rd quarter worth $28,000. Jamison Private Wealth Management Inc. purchased a new position in iShares Silver Trust during the 3rd quarter worth $31,000. Hantz Financial Services Inc. acquired a new position in iShares Silver Trust in the fourth quarter valued at $35,000. Finally, Belmont Capital LLC raised its holdings in shares of iShares Silver Trust by 53.6% in the third quarter. Belmont Capital LLC now owns 1,501 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 524 shares during the last quarter.
iShares Silver Trust Stock Performance
Shares of SLV opened at $29.20 on Tuesday. iShares Silver Trust has a fifty-two week low of $20.11 and a fifty-two week high of $31.80. The firm has a 50-day simple moving average of $27.79 and a 200-day simple moving average of $27.77. The company has a market capitalization of $13.71 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
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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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:SLV – Free Report).
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