Ardsley Advisory Partners LP Has $18.99 Million Holdings in iShares Silver Trust $SLV

Ardsley Advisory Partners LP raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 47.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 295,000 shares of the exchange traded fund’s stock after purchasing an additional 95,000 shares during the period. iShares Silver Trust accounts for approximately 2.1% of Ardsley Advisory Partners LP’s holdings, making the stock its 9th biggest position. Ardsley Advisory Partners LP owned 0.05% of iShares Silver Trust worth $18,989,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. TBH Global Asset Management LLC boosted its holdings in shares of iShares Silver Trust by 1.5% during the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 104 shares during the last quarter. Westside Investment Management Inc. raised its position in iShares Silver Trust by 23.4% in the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 130 shares during the period. JNBA Financial Advisors raised its position in iShares Silver Trust by 1.2% in the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock worth $692,000 after purchasing an additional 132 shares during the period. SouthState Bank Corp raised its position in iShares Silver Trust by 29.6% in the 4th quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 148 shares during the period. Finally, Wolff Wiese Magana LLC increased its position in shares of iShares Silver Trust by 1.5% during the fourth quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock worth $651,000 after acquiring an additional 150 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $60.61 on Thursday. The firm has a market cap of $34.31 billion, a PE ratio of -8.51 and a beta of 0.45. The firm’s 50 day simple moving average is $68.14 and its 200-day simple moving average is $70.00. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83.

About iShares Silver Trust

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.