Basso Capital Management L.P. Grows Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Basso Capital Management L.P. raised its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 102.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,000 shares of the exchange traded fund’s stock after buying an additional 7,600 shares during the period. Basso Capital Management L.P.’s holdings in iShares Silver Trust were worth $395,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in shares of iShares Silver Trust by 29.8% during the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock worth $20,015,000 after buying an additional 174,501 shares during the period. Fisher Asset Management LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at $220,000. Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in shares of iShares Silver Trust by 55.8% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after acquiring an additional 5,790 shares in the last quarter. Savant Capital LLC raised its stake in shares of iShares Silver Trust by 26.8% in the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after acquiring an additional 2,803 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of iShares Silver Trust by 671.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 1,115 shares in the last quarter.

iShares Silver Trust Trading Down 0.1 %

Shares of NYSEARCA SLV opened at $30.71 on Monday. The stock has a market cap of $14.69 billion, a P/E ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 12-month low of $22.29 and a 12-month high of $31.80. The business’s fifty day simple moving average is $28.73 and its 200-day simple moving average is $28.37.

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.