Rare Wolf Capital LLC Makes New $799,000 Investment in iShares Silver Trust $SLV

Rare Wolf Capital LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 12,401 shares of the exchange traded fund’s stock, valued at approximately $799,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Tableaux LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $133,233,000. Bank of Montreal Can raised its position in iShares Silver Trust by 505.8% in 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. Teacher Retirement System of Texas raised its position in iShares Silver Trust by 259.9% in 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 purchasing an additional 1,011,000 shares in the last quarter. Quadrature Capital Ltd lifted 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 purchasing an additional 906,747 shares during the period. Finally, Mainstay Capital Management LLC ADV lifted 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 purchasing an additional 827,089 shares during the period.

iShares Silver Trust Trading Down 1.8%

NYSEARCA SLV opened at $59.51 on Friday. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The company has a market capitalization of $33.68 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The stock’s 50 day moving average is $68.01 and its two-hundred day moving average is $70.06.

About iShares Silver Trust

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.