Quantinno Capital Management LP Has $2.09 Million Holdings in iShares Silver Trust $SLV

Quantinno Capital Management LP increased its stake in iShares Silver Trust (NYSEARCA:SLV) by 193.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,727 shares of the exchange traded fund’s stock after purchasing an additional 20,260 shares during the period. Quantinno Capital Management LP’s holdings in iShares Silver Trust were worth $2,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH acquired a new stake in shares of iShares Silver Trust in the first quarter valued at approximately $2,762,000. Financial Partners Group Inc acquired a new position in iShares Silver Trust during the fourth quarter worth $509,000. Renaissance Technologies LLC bought a new position in iShares Silver Trust in the first quarter valued at $7,437,000. Thoroughbred Financial Services LLC grew its position in iShares Silver Trust by 77.2% in the fourth quarter. Thoroughbred Financial Services LLC now owns 22,513 shares of the exchange traded fund’s stock valued at $1,450,000 after purchasing an additional 9,811 shares in the last quarter. Finally, Ball & Co Wealth Management Inc. acquired a new stake in iShares Silver Trust in the 4th quarter valued at $4,107,000.

iShares Silver Trust Stock Performance

SLV opened at $59.41 on Tuesday. iShares Silver Trust has a 52-week low of $33.85 and a 52-week high of $109.83. The firm has a market capitalization of $31.73 billion, a PE ratio of -8.51 and a beta of 0.50. The business’s 50-day simple moving average is $56.03 and its 200 day simple moving average is $67.02.

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.