VMS Asset Management Limited Takes $9.27 Million Position in iShares Silver Trust $SLV

VMS Asset Management Limited acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 143,818 shares of the exchange traded fund’s stock, valued at approximately $9,265,000. iShares Silver Trust accounts for about 3.6% of VMS Asset Management Limited’s investment portfolio, making the stock its 3rd biggest position.

Several other large investors also recently modified their holdings of the stock. Teacher Retirement System of Texas grew its stake in iShares Silver Trust by 259.9% during the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock worth $90,188,000 after buying an additional 1,011,000 shares in the last quarter. Quadrature Capital Ltd grew its stake in iShares Silver Trust by 1,691.5% during the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after buying an additional 906,747 shares in the last quarter. Mainstay Capital Management LLC ADV grew its stake in iShares Silver Trust by 478.6% during the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after buying an additional 827,089 shares in the last quarter. Briaud Financial Planning Inc grew its stake in iShares Silver Trust by 5,493.2% during the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock worth $26,314,000 after buying an additional 609,960 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in 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 worth $113,391,000 after buying an additional 573,660 shares in the last quarter.

iShares Silver Trust Stock Up 1.2%

Shares of iShares Silver Trust stock opened at $66.98 on Friday. The company has a market capitalization of $37.91 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 12-month low of $32.06 and a 12-month high of $109.83. The firm’s 50-day moving average price is $68.89 and its two-hundred day moving average price is $69.08.

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. 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.