36,617 Shares in iShares Silver Trust $SLV Bought by Clare Market Investments LLC

Clare Market Investments LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 36,617 shares of the exchange traded fund’s stock, valued at approximately $2,495,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SLV. Raymond James Financial Inc. increased its stake in iShares Silver Trust by 12.7% in the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after acquiring an additional 313,816 shares during the period. Ameriprise Financial Inc. lifted its stake in iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares during the period. Bank of Montreal Can lifted its stake in iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after purchasing an additional 1,852,688 shares during the period. Tableaux LLC acquired a new stake in iShares Silver Trust during the fourth quarter valued at approximately $133,233,000. Finally, Mainstay Capital Management LLC ADV boosted its holdings in iShares Silver Trust by 82.5% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after purchasing an additional 824,589 shares in the last quarter.

iShares Silver Trust Trading Down 0.4%

SLV stock opened at $55.89 on Tuesday. iShares Silver Trust has a 1-year low of $32.96 and a 1-year high of $109.83. The business’s 50 day moving average is $64.34 and its 200-day moving average is $70.06. The firm has a market cap of $29.85 billion, a P/E ratio of -8.51 and a beta of 0.49.

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.