Allianz SE Purchases New Holdings in iShares Silver Trust (NYSEARCA:SLV)

Allianz SE acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 5,788 shares of the exchange traded fund’s stock, valued at approximately $152,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC increased its stake in shares of iShares Silver Trust by 46.4% during the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock worth $460,000 after acquiring an additional 5,135 shares during the period. Walleye Capital LLC acquired a new position in iShares Silver Trust during the 3rd quarter worth approximately $764,000. Rockefeller Capital Management L.P. raised its stake in shares of iShares Silver Trust by 5.7% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock worth $3,879,000 after buying an additional 7,388 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares Silver Trust by 3.3% in the 3rd quarter. Captrust Financial Advisors now owns 182,354 shares of the exchange traded fund’s stock valued at $5,181,000 after buying an additional 5,748 shares during the period. Finally, Verition Fund Management LLC boosted its stake in shares of iShares Silver Trust by 1,087.6% in the third quarter. Verition Fund Management LLC now owns 220,172 shares of the exchange traded fund’s stock valued at $6,255,000 after buying an additional 201,633 shares in the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $30.99 on Tuesday. iShares Silver Trust has a 1 year low of $22.63 and a 1 year high of $31.80. The stock has a fifty day moving average price of $29.43 and a two-hundred day moving average price of $28.71. The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73.

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.