19,800 Shares in iShares Silver Trust (NYSEARCA:SLV) Acquired by SCP Investment LP

SCP Investment LP bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 3rd quarter, HoldingsChannel reports. The firm bought 19,800 shares of the exchange traded fund’s stock, valued at approximately $563,000. iShares Silver Trust comprises approximately 0.4% of SCP Investment LP’s holdings, making the stock its 28th largest holding.

A number of other large investors have also recently made changes to their positions in the stock. Vontobel Holding Ltd. lifted its stake in iShares Silver Trust by 106.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock worth $1,744,000 after purchasing an additional 31,601 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in iShares Silver Trust by 29.8% during the second quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock worth $318,000 after buying an additional 2,749 shares in the last quarter. Inspirion Wealth Advisors LLC purchased a new stake in shares of iShares Silver Trust in the 2nd quarter valued at about $220,000. ORG Partners LLC bought a new stake in shares of iShares Silver Trust during the 2nd quarter valued at about $39,000. Finally, Tidal Investments LLC grew its holdings in shares of iShares Silver Trust by 7.0% during the first quarter. Tidal Investments LLC now owns 16,905 shares of the exchange traded fund’s stock worth $381,000 after purchasing an additional 1,110 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $28.50 on Wednesday. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $31.80. The company has a market capitalization of $13.37 billion, a P/E ratio of -7.01 and a beta of 0.43. The firm’s 50 day simple moving average is $28.92 and its 200 day simple moving average is $27.55.

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.