Hyposwiss Advisors SA Buys New Holdings in iShares Silver Trust $SLV

Hyposwiss Advisors SA bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,130 shares of the exchange traded fund’s stock, valued at approximately $1,426,000. iShares Silver Trust makes up approximately 1.4% of Hyposwiss Advisors SA’s portfolio, making the stock its 26th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its holdings in iShares Silver Trust by 12.7% during the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after purchasing an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. raised its holdings 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 purchasing an additional 573,660 shares in the last quarter. Bank of Montreal Can raised its holdings in iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after purchasing an additional 1,852,688 shares in the last quarter. Tableaux LLC acquired a new stake in iShares Silver Trust during the fourth quarter worth approximately $133,233,000. Finally, Mainstay Capital Management LLC ADV raised its holdings in iShares Silver Trust by 82.5% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after purchasing an additional 824,589 shares in the last quarter.

iShares Silver Trust Trading Down 4.4%

SLV stock opened at $60.61 on Thursday. iShares Silver Trust has a twelve month low of $32.06 and a twelve month high of $109.83. The company’s 50 day moving average is $68.14 and its two-hundred day moving average is $70.00. The stock has a market cap of $34.31 billion, a P/E 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.