iShares Silver Trust (NYSEARCA:SLV) is Carrera Capital Advisors’ 6th Largest Position

Carrera Capital Advisors boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 29.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 424,510 shares of the exchange traded fund’s stock after acquiring an additional 95,621 shares during the quarter. iShares Silver Trust comprises approximately 2.9% of Carrera Capital Advisors’ portfolio, making the stock its 6th biggest holding. Carrera Capital Advisors owned about 0.09% of iShares Silver Trust worth $12,060,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. NWI Management LP lifted its stake in shares of iShares Silver Trust by 10,526.6% in the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after purchasing an additional 5,263,305 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of iShares Silver Trust by 1.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after acquiring an additional 30,116 shares during the period. Meitav Investment House Ltd. purchased a new stake in shares of iShares Silver Trust during the 2nd quarter worth approximately $45,688,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares Silver Trust by 17.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock worth $35,923,000 after acquiring an additional 204,606 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in iShares Silver Trust by 27.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,190,547 shares of the exchange traded fund’s stock valued at $31,633,000 after purchasing an additional 259,988 shares in the last quarter.

iShares Silver Trust Price Performance

SLV traded down $0.08 during trading on Tuesday, reaching $27.89. 9,319,744 shares of the stock were exchanged, compared to its average volume of 22,632,887. The company has a market capitalization of $13.09 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The business’s 50 day moving average price is $28.66 and its two-hundred day moving average price is $27.40.

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.