Ardsley Advisory Partners LP Grows Stake in iShares Silver Trust $SLV

Ardsley Advisory Partners LP raised its position in iShares Silver Trust (NYSEARCA:SLV) by 47.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 295,000 shares of the exchange traded fund’s stock after acquiring an additional 95,000 shares during the quarter. iShares Silver Trust makes up approximately 2.1% of Ardsley Advisory Partners LP’s portfolio, making the stock its 9th biggest position. Ardsley Advisory Partners LP’s holdings in iShares Silver Trust were worth $18,989,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors acquired a new stake in iShares Silver Trust in the fourth quarter valued at approximately $30,000. Intesa Sanpaolo Wealth Management acquired a new position in iShares Silver Trust during the fourth quarter valued at $32,000. Sfam LLC acquired a new position in iShares Silver Trust during the fourth quarter valued at $33,000. Rialto Wealth Management LLC acquired a new position in iShares Silver Trust during the fourth quarter valued at $33,000. Finally, Redwood Park Advisors LLC lifted its position in iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 266 shares during the period.

iShares Silver Trust Stock Performance

SLV opened at $60.61 on Thursday. iShares Silver Trust has a fifty-two week low of $32.06 and a fifty-two week high of $109.83. The company has a fifty day moving average of $68.14 and a two-hundred day moving average of $70.00. The stock has a market capitalization of $34.31 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

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.