iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Bank of Montreal Can

Bank of Montreal Can increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 258.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,900,679 shares of the exchange traded fund’s stock after acquiring an additional 1,370,298 shares during the period. Bank of Montreal Can’s holdings in iShares Silver Trust were worth $54,854,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spartan Fund Management Inc. acquired a new stake in iShares Silver Trust during the third quarter worth about $28,000. AlphaMark Advisors LLC grew its holdings in iShares Silver Trust by 57.2% in the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 372 shares during the period. Triad Wealth Partners LLC acquired a new stake in iShares Silver Trust in the second quarter valued at approximately $29,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at approximately $31,000. Finally, Peoples Bank KS grew its holdings in iShares Silver Trust by 334.5% in the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 970 shares during the period.

iShares Silver Trust Trading Down 1.3 %

Shares of SLV opened at $27.45 on Thursday. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $31.80. The stock’s 50 day moving average is $28.97 and its two-hundred day moving average is $27.64. The firm has a market cap of $12.88 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.