iShares Silver Trust (NYSEARCA:SLV) is Carrera Capital Advisors’ 5th Largest Position

Carrera Capital Advisors lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 0.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 421,642 shares of the exchange traded fund’s stock after selling 2,868 shares during the period. iShares Silver Trust accounts for approximately 2.6% of Carrera Capital Advisors’ portfolio, making the stock its 5th largest holding. Carrera Capital Advisors owned approximately 0.09% of iShares Silver Trust worth $11,102,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SLV. Quadrature Capital Ltd bought a new stake in iShares Silver Trust during the third quarter valued at approximately $91,122,000. Toronto Dominion Bank raised its position in shares of iShares Silver Trust by 18.6% during the 3rd quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after buying an additional 358,806 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of iShares Silver Trust by 715.2% during the 4th quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock worth $55,781,000 after acquiring an additional 1,858,658 shares during the last quarter. Bank of Montreal Can grew its position in iShares Silver Trust by 258.4% in the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after acquiring an additional 1,370,298 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in iShares Silver Trust by 3.6% in the third quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after acquiring an additional 26,281 shares during the last quarter.

iShares Silver Trust Stock Up 0.9 %

Shares of SLV stock opened at $29.00 on Wednesday. The business has a 50-day moving average price of $28.17 and a two-hundred day moving average price of $28.18. iShares Silver Trust has a 12-month low of $21.64 and a 12-month high of $31.80. The firm has a market cap of $13.84 billion, a P/E ratio of -8.33 and a beta of 0.74.

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.