Quadrature Capital Ltd Buys New Shares in iShares Silver Trust (NYSEARCA:SLV)

Quadrature Capital Ltd bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the first quarter, HoldingsChannel reports. The institutional investor bought 168,281 shares of the exchange traded fund’s stock, valued at approximately $3,828,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new stake in iShares Silver Trust in the fourth quarter valued at $26,000. Atlantic Edge Private Wealth Management LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at $34,000. Tennessee Valley Asset Management Partners bought a new stake in iShares Silver Trust during the fourth quarter valued at $34,000. OLD Point Trust & Financial Services N A bought a new stake in iShares Silver Trust during the fourth quarter valued at $42,000. Finally, Pingora Partners LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at $44,000.

iShares Silver Trust Stock Up 0.3 %

SLV stock traded up $0.07 during trading on Friday, hitting $25.48. 12,442,433 shares of the company’s stock traded hands, compared to its average volume of 23,543,131. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56. The stock has a fifty day moving average price of $27.45 and a two-hundred day moving average price of $24.48. The stock has a market capitalization of $11.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.