iShares Silver Trust $SLV Shares Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA raised its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 447.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 156,784 shares of the exchange traded fund’s stock after purchasing an additional 128,160 shares during the period. Union Bancaire Privee UBP SA’s holdings in iShares Silver Trust were worth $10,100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SLV. Brighton Jones LLC lifted its stake in shares of iShares Silver Trust by 9.2% in the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after buying an additional 1,595 shares in the last quarter. Bison Wealth LLC acquired a new stake in iShares Silver Trust in the 4th quarter valued at about $238,000. Capstone Wealth Management Group LLC acquired a new stake in iShares Silver Trust in the 1st quarter valued at about $443,000. Schnieders Capital Management LLC. lifted its stake in iShares Silver Trust by 15.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Creative Planning lifted its stake in iShares Silver Trust by 3.4% in the 2nd quarter. Creative Planning now owns 190,678 shares of the exchange traded fund’s stock worth $6,256,000 after purchasing an additional 6,229 shares in the last quarter.

Key Stories Impacting iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Price Performance

SLV stock opened at $65.68 on Friday. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The firm has a market capitalization of $36.16 billion, a PE ratio of -8.51 and a beta of 0.38. The business has a 50 day simple moving average of $78.57 and a 200-day simple moving average of $59.11.

iShares Silver Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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