SBI Securities Co. Ltd. Boosts Holdings in iShares Silver Trust $SLV

SBI Securities Co. Ltd. grew its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 32.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 150,532 shares of the exchange traded fund’s stock after acquiring an additional 36,946 shares during the quarter. SBI Securities Co. Ltd.’s holdings in iShares Silver Trust were worth $6,378,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in 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 valued at $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC purchased a new stake in shares of iShares Silver Trust during the 4th quarter valued at $238,000. Capstone Wealth Management Group LLC purchased a new stake in shares of iShares Silver Trust during the 1st quarter valued at $443,000. OLD National Bancorp IN increased its holdings in shares of iShares Silver Trust by 28.8% during the 2nd quarter. OLD National Bancorp IN now owns 8,945 shares of the exchange traded fund’s stock worth $293,000 after buying an additional 2,000 shares during the last quarter. Finally, Simplicity Wealth LLC purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth $557,000.

Key iShares Silver Trust News

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

iShares Silver Trust Trading Up 2.9%

Shares of iShares Silver Trust stock opened at $79.18 on Thursday. The business’s fifty day moving average price is $70.03 and its 200 day moving average price is $50.68. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $109.83. The stock has a market capitalization of $43.59 billion, a P/E ratio of -8.51 and a beta of 0.38.

iShares Silver Trust Company 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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