VVR Holdings LLC Makes New $641,000 Investment in iShares Silver Trust $SLV

VVR Holdings LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,950 shares of the exchange traded fund’s stock, valued at approximately $641,000. iShares Silver Trust makes up about 0.3% of VVR Holdings LLC’s holdings, making the stock its 25th largest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Teacher Retirement System of Texas boosted its stake in iShares Silver Trust by 259.9% during the 4th 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 purchasing an additional 1,011,000 shares during the last quarter. Quadrature Capital Ltd raised its stake in shares of iShares Silver Trust by 1,691.5% in the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after purchasing an additional 906,747 shares during the last quarter. Mainstay Capital Management LLC ADV lifted its holdings in shares of iShares Silver Trust by 478.6% in the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock valued at $42,365,000 after purchasing an additional 827,089 shares in the last quarter. Briaud Financial Planning Inc lifted its holdings in shares of iShares Silver Trust by 5,493.2% in the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after purchasing an additional 609,960 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after buying an additional 573,660 shares during the last quarter.

iShares Silver Trust Trading Up 0.0%

Shares of iShares Silver Trust stock opened at $61.58 on Tuesday. The company has a market capitalization of $34.85 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock has a fifty day simple moving average of $68.84 and a 200 day simple moving average of $69.30. iShares Silver Trust has a 12-month low of $32.06 and a 12-month 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.