Clark Capital Management Group Inc. Boosts Holdings in iShares Silver Trust $SLV

Clark Capital Management Group Inc. lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 5.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,433 shares of the exchange traded fund’s stock after purchasing an additional 9,045 shares during the period. Clark Capital Management Group Inc.’s holdings in iShares Silver Trust were worth $7,052,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Nexus Investment Management ULC grew its holdings in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 250 shares in the last quarter. Raleigh Capital Management Inc. acquired a new position in iShares Silver Trust in the 3rd quarter worth $32,000. Hopwood Financial Services Inc. acquired a new position in iShares Silver Trust in the 3rd quarter worth $38,000. Darwin Wealth Management LLC purchased a new position in iShares Silver Trust in the 2nd quarter valued at about $39,000. Finally, Evolution Wealth Management Inc. purchased a new position in iShares Silver Trust in the 2nd quarter valued at about $47,000.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $72.69 on Monday. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $109.83. The company has a market capitalization of $40.02 billion, a PE ratio of -8.51 and a beta of 0.38. The business has a 50-day moving average of $78.65 and a 200-day moving average of $58.49.

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. 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.