AlTi Global Inc. Sells 137,573 Shares of iShares Silver Trust $SLV

AlTi Global Inc. lowered its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 64.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,606 shares of the exchange traded fund’s stock after selling 137,573 shares during the quarter. AlTi Global Inc.’s holdings in iShares Silver Trust were worth $5,220,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SLV. Tableaux LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $133,233,000. Bank of Montreal Can raised its holdings in iShares Silver Trust by 505.8% in the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after acquiring an additional 1,852,688 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of iShares Silver Trust by 259.9% during the 4th quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after acquiring an additional 1,011,000 shares during the period. Mainstay Capital Management LLC ADV lifted its position in shares of iShares Silver Trust by 82.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after acquiring an additional 824,589 shares during the period. Finally, Focus Partners Wealth grew its holdings in shares of iShares Silver Trust by 480.3% during the 4th quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock worth $47,936,000 after purchasing an additional 615,902 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $50.78 on Monday. iShares Silver Trust has a 52 week low of $33.10 and a 52 week high of $109.83. The stock has a market capitalization of $27.12 billion, a P/E ratio of -8.51 and a beta of 0.49. The stock’s fifty day moving average is $61.51 and its 200 day moving average is $69.35.

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. 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.