iShares Silver Trust $SLV Shares Acquired by Sapient Capital LLC

Sapient Capital LLC raised its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 74.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,404 shares of the exchange traded fund’s stock after buying an additional 27,425 shares during the quarter. Sapient Capital LLC’s holdings in iShares Silver Trust were worth $2,737,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in SLV. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares Silver Trust during the 2nd quarter valued at approximately $162,217,000. GLOBALT Investments LLC GA bought a new stake in iShares Silver Trust during the second quarter valued at $29,459,000. Guggenheim Capital LLC raised its holdings in shares of iShares Silver Trust by 1,557.6% during the second quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock worth $30,006,000 after purchasing an additional 859,355 shares during the period. 1832 Asset Management L.P. bought a new position in shares of iShares Silver Trust in the 2nd quarter worth about $26,643,000. Finally, Yong Rong HK Asset Management Ltd boosted its holdings in shares of iShares Silver Trust by 299.6% in the 2nd quarter. Yong Rong HK Asset Management Ltd now owns 800,000 shares of the exchange traded fund’s stock valued at $26,248,000 after buying an additional 599,800 shares during the period.

iShares Silver Trust Stock Up 9.0%

SLV opened at $71.12 on Friday. The company’s 50-day moving average price is $50.57 and its 200 day moving average price is $41.60. iShares Silver Trust has a fifty-two week low of $26.22 and a fifty-two week high of $71.23. The firm has a market cap of $38.32 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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. 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.