Jackson Square Capital LLC Makes New $349,000 Investment in iShares Silver Trust (NYSEARCA:SLV)

Jackson Square Capital LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,256 shares of the exchange traded fund’s stock, valued at approximately $349,000.

Other large investors have also recently added to or reduced their stakes in the company. Anderson Financial Strategies LLC bought a new stake in iShares Silver Trust during the fourth quarter worth about $26,000. Stonebridge Financial Group LLC bought a new stake in iShares Silver Trust during the fourth quarter worth about $29,000. Ameriflex Group Inc. bought a new stake in iShares Silver Trust during the fourth quarter worth about $30,000. Vermillion Wealth Management Inc. acquired a new position in shares of iShares Silver Trust during the fourth quarter worth approximately $31,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,115 shares in the last quarter.

iShares Silver Trust Trading Down 0.3%

Shares of SLV stock opened at $32.97 on Friday. iShares Silver Trust has a 1 year low of $24.25 and a 1 year high of $33.54. The firm’s 50 day moving average is $30.19 and its 200-day moving average is $29.15. The firm has a market capitalization of $16.67 billion, a price-to-earnings ratio of -8.51 and a beta of 0.56.

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.