StoneX Group Inc. Has $632,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

StoneX Group Inc. decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 5.8% during the 4th quarter, HoldingsChannel reports. The fund owned 24,003 shares of the exchange traded fund’s stock after selling 1,491 shares during the period. StoneX Group Inc.’s holdings in iShares Silver Trust were worth $632,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Quadrature Capital Ltd bought a new stake in iShares Silver Trust during the 3rd quarter worth approximately $91,122,000. Raymond James Financial Inc. bought a new stake in shares of iShares Silver Trust in the fourth quarter worth $57,303,000. Proficio Capital Partners LLC raised its position in 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 purchasing an additional 1,858,658 shares during the last quarter. Toronto Dominion Bank lifted its holdings in 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 worth $64,883,000 after buying an additional 358,806 shares during the period. Finally, Wellington Management Group LLP bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at about $7,769,000.

iShares Silver Trust Price Performance

Shares of SLV opened at $30.76 on Thursday. The business has a 50-day moving average of $29.53 and a 200-day moving average of $28.75. iShares Silver Trust has a 1 year low of $23.87 and a 1 year high of $31.80. The company has a market capitalization of $15.15 billion, a price-to-earnings ratio of -8.96 and a beta of 0.59.

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.