Mizuho Markets Cayman LP Buys Shares of 29,433 iShares Silver Trust $SLV

Mizuho Markets Cayman LP bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the first quarter, Holdings Channel reports. The institutional investor bought 29,433 shares of the exchange traded fund’s stock, valued at approximately $2,006,000.

A number of other large investors have also recently bought and sold shares of the business. Tableaux LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter worth approximately $133,233,000. Bank of Montreal Can increased its position in iShares Silver Trust by 505.8% in 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 buying an additional 1,852,688 shares during the period. Teacher Retirement System of Texas lifted its stake in iShares Silver Trust by 259.9% in the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after buying an additional 1,011,000 shares during the last quarter. Mainstay Capital Management LLC ADV lifted its stake in iShares Silver Trust by 82.5% in 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 buying an additional 824,589 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in shares of iShares Silver Trust by 480.3% during the fourth quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock valued at $47,936,000 after acquiring an additional 615,902 shares during the period.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $53.92 on Thursday. The company has a 50-day simple moving average of $59.95 and a 200-day simple moving average of $69.07. The firm has a market capitalization of $28.80 billion, a P/E ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a one year low of $33.10 and a one year high of $109.83.

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.