Columbus Macro LLC increased its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 42.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,152 shares of the exchange traded fund’s stock after purchasing an additional 8,690 shares during the quarter. Columbus Macro LLC’s holdings in iShares Silver Trust were worth $768,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Eagle Bay Advisors LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $25,000. Spartan Fund Management Inc. acquired a new stake in iShares Silver Trust during the third quarter worth about $28,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust during the third quarter worth about $31,000. Hantz Financial Services Inc. bought a new position in iShares Silver Trust in the fourth quarter worth about $35,000. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Silver Trust in the third quarter valued at approximately $40,000.
iShares Silver Trust Trading Up 1.9 %
Shares of iShares Silver Trust stock opened at $29.22 on Wednesday. The stock has a market capitalization of $13.71 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a twelve month low of $20.11 and a twelve month high of $31.80. The business’s 50 day simple moving average is $27.67 and its 200-day simple moving average is $27.69.
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.
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