iShares Silver Trust $SLV Position Lifted by Corecam Pte. Ltd.

Corecam Pte. Ltd. grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 941.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 260,400 shares of the exchange traded fund’s stock after purchasing an additional 235,400 shares during the period. iShares Silver Trust comprises 8.7% of Corecam Pte. Ltd.’s investment portfolio, making the stock its 2nd largest holding. Corecam Pte. Ltd.’s holdings in iShares Silver Trust were worth $16,775,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Sarver Vrooman Wealth Advisors acquired a new position in shares of iShares Silver Trust during the 4th quarter valued at $30,000. Intesa Sanpaolo Wealth Management acquired a new stake in iShares Silver Trust in the 4th quarter valued at $32,000. Sfam LLC acquired a new stake in iShares Silver Trust in the 4th quarter valued at $33,000. Rialto Wealth Management LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at about $33,000. Finally, Redwood Park Advisors LLC raised its position in iShares Silver Trust by 106.4% in the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 266 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $59.51 on Friday. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The company has a market capitalization of $33.68 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The business has a 50-day moving average of $67.85 and a 200-day moving average of $69.98.

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.