iShares Silver Trust $SLV Shares Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd increased its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 1,691.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 960,353 shares of the exchange traded fund’s stock after acquiring an additional 906,747 shares during the period. Quadrature Capital Ltd’s holdings in iShares Silver Trust were worth $40,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Nexus Investment Management ULC lifted its stake in iShares Silver Trust by 50.0% in the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 250 shares during the last quarter. Raleigh Capital Management Inc. bought a new position in shares of iShares Silver Trust during the third quarter worth about $32,000. Hopwood Financial Services Inc. bought a new position in shares of iShares Silver Trust during the third quarter worth about $38,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the 2nd quarter worth about $39,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust in the 2nd quarter worth about $47,000.

iShares Silver Trust Stock Down 1.8%

Shares of NYSEARCA:SLV opened at $76.48 on Friday. The company’s 50-day moving average price is $78.51 and its 200 day moving average price is $57.90. The company has a market cap of $42.10 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $109.83.

Key iShares Silver Trust News

Here are the key news stories impacting iShares Silver Trust this week:

About iShares Silver Trust

(Free Report)

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.

Further Reading

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:SLVFree Report).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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