20,041 Shares in iShares Silver Trust $SLV Acquired by Optima Capital LLC

Optima Capital LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,041 shares of the exchange traded fund’s stock, valued at approximately $849,000.

Several other hedge funds also recently bought and sold shares of the company. Center for Financial Planning Inc. bought a new position in shares of iShares Silver Trust during the second quarter worth $25,000. Highline Wealth Partners LLC acquired a new stake in iShares Silver Trust during the 2nd quarter worth $26,000. Addison Advisors LLC acquired a new stake in iShares Silver Trust during the 2nd quarter worth $31,000. Nexus Investment Management ULC lifted its holdings in iShares Silver Trust by 50.0% during the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 250 shares in the last quarter. Finally, Financial Management Professionals Inc. grew its stake in iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 302 shares during the period.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $78.60 on Wednesday. iShares Silver Trust has a one year low of $26.57 and a one year high of $80.80. The firm has a market cap of $45.20 billion, a P/E ratio of -8.51 and a beta of 0.38. The stock’s 50-day moving average is $56.86 and its 200-day moving average is $44.79.

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.