Transform Wealth LLC Invests $2.46 Million in iShares Silver Trust (NYSEARCA:SLV)

Transform Wealth LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 93,545 shares of the exchange traded fund’s stock, valued at approximately $2,463,000.

A number of other hedge funds also recently bought and sold shares of SLV. Quadrature Capital Ltd bought a new position in shares of iShares Silver Trust during the third quarter valued at about $91,122,000. Bank of Montreal Can boosted its holdings in iShares Silver Trust by 258.4% during the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after acquiring an additional 1,370,298 shares during the period. DRW Securities LLC grew its position in iShares Silver Trust by 1,019.8% during the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after acquiring an additional 764,813 shares during the last quarter. RIA Advisory Group LLC purchased a new position in iShares Silver Trust in the 3rd quarter worth approximately $20,773,000. Finally, International Assets Investment Management LLC lifted its position in iShares Silver Trust by 3,449.3% in the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after purchasing an additional 524,609 shares during the last quarter.

iShares Silver Trust Price Performance

SLV opened at $27.61 on Tuesday. iShares Silver Trust has a one year low of $20.07 and a one year high of $31.80. The business has a 50 day simple moving average of $27.63 and a two-hundred day simple moving average of $27.68. The firm has a market capitalization of $12.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.