Regal Partners Ltd Acquires Shares of 20,700 iShares Silver Trust $SLV

Regal Partners Ltd purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 20,700 shares of the exchange traded fund’s stock, valued at approximately $877,000.

Several other large investors have also made changes to their positions in SLV. Guggenheim Capital LLC boosted its position in iShares Silver Trust by 1,557.6% in the second quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock valued at $30,006,000 after buying an additional 859,355 shares in the last quarter. 1832 Asset Management L.P. acquired a new stake in iShares Silver Trust in the 2nd quarter valued at about $26,643,000. The Manufacturers Life Insurance Company bought a new position in iShares Silver Trust in the 2nd quarter worth approximately $17,597,000. Great Valley Advisor Group Inc. raised its position in iShares Silver Trust by 1,133.5% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 526,970 shares of the exchange traded fund’s stock worth $17,290,000 after purchasing an additional 484,247 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in iShares Silver Trust by 95.0% during the 2nd quarter. MML Investors Services LLC now owns 881,588 shares of the exchange traded fund’s stock worth $28,925,000 after buying an additional 429,435 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $75.94 on Friday. The company has a 50 day moving average of $77.54 and a 200-day moving average of $56.85. iShares Silver Trust has a one year low of $26.57 and a one year high of $109.83. The stock has a market cap of $41.80 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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. 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.