Verition Fund Management LLC Acquires 201,633 Shares of iShares Silver Trust (NYSEARCA:SLV)

Verition Fund Management LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 1,087.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 220,172 shares of the exchange traded fund’s stock after purchasing an additional 201,633 shares during the quarter. Verition Fund Management LLC’s holdings in iShares Silver Trust were worth $6,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of SLV. Tidal Investments LLC boosted its holdings in iShares Silver Trust by 7.0% in the first quarter. Tidal Investments LLC now owns 16,905 shares of the exchange traded fund’s stock worth $381,000 after purchasing an additional 1,110 shares during the last quarter. Cetera Advisors LLC boosted its stake in shares of iShares Silver Trust by 12.9% in the 1st quarter. Cetera Advisors LLC now owns 103,554 shares of the exchange traded fund’s stock worth $2,356,000 after buying an additional 11,852 shares during the last quarter. Massmutual Trust Co. FSB ADV purchased a new stake in iShares Silver Trust during the second quarter valued at $252,000. Kingswood Wealth Advisors LLC increased its position in iShares Silver Trust by 24.7% during the second quarter. Kingswood Wealth Advisors LLC now owns 40,297 shares of the exchange traded fund’s stock valued at $1,071,000 after acquiring an additional 7,992 shares during the last quarter. Finally, Fiduciary Alliance LLC bought a new position in iShares Silver Trust in the second quarter valued at about $399,000.

iShares Silver Trust Stock Down 0.5 %

iShares Silver Trust stock opened at $27.79 on Tuesday. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The company has a market cap of $13.04 billion, a P/E ratio of -7.01 and a beta of 0.43. The business has a 50-day simple moving average of $28.96 and a two-hundred day simple moving average of $27.67.

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.