Interchange Capital Partners LLC lessened its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 32.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 9,455 shares of the exchange traded fund’s stock after selling 4,615 shares during the quarter. Interchange Capital Partners LLC’s holdings in iShares Silver Trust were worth $322,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of SLV. Kingstone Capital Partners Texas LLC bought a new position in iShares Silver Trust in the 2nd quarter valued at about $162,217,000. Ameriprise Financial Inc. grew its position in iShares Silver Trust by 127.3% in the 1st quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock valued at $80,514,000 after buying an additional 1,460,084 shares in the last quarter. LPL Financial LLC grew its position in iShares Silver Trust by 13.4% in the 1st quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock valued at $242,725,000 after buying an additional 924,353 shares in the last quarter. GLOBALT Investments LLC GA acquired a new stake in iShares Silver Trust in the 2nd quarter valued at about $29,459,000. Finally, Carrhae Capital LLP acquired a new stake in iShares Silver Trust in the 1st quarter valued at about $17,880,000.
iShares Silver Trust Trading Down 0.4%
Shares of NYSEARCA SLV opened at $43.99 on Monday. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $49.25. The company has a market capitalization of $24.43 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. The firm has a 50-day moving average of $40.31 and a two-hundred day moving average of $34.96.
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.
Read More
- Five stocks we like better than iShares Silver Trust
- What is a Special Dividend?
- PulteGroup Is Down But Not Out—Here’s What Wall Street Missed
- What Are the U.K. Market Holidays? How to Invest and Trade
- Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?
- 3 Stocks to Consider Buying in October
- Is Landstar the Next Big Winner in Transportation Stocks?
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:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
