Union Bancaire Privee UBP SA Increases Stock Holdings in iShares Silver Trust $SLV

Union Bancaire Privee UBP SA increased its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 447.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 156,784 shares of the exchange traded fund’s stock after acquiring an additional 128,160 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in iShares Silver Trust were worth $10,100,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. increased its holdings in shares of iShares Silver Trust by 12.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after buying an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after acquiring an additional 573,660 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in iShares Silver Trust by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock valued at $85,732,000 after acquiring an additional 26,710 shares during the last quarter. HighTower Advisors LLC grew its position in iShares Silver Trust by 5.7% in the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after acquiring an additional 94,521 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in iShares Silver Trust by 20.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after acquiring an additional 273,913 shares during the last quarter.

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iShares Silver Trust Stock Down 4.4%

NYSEARCA:SLV opened at $65.68 on Friday. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The company has a market capitalization of $36.16 billion, a P/E ratio of -8.51 and a beta of 0.38. The stock’s fifty day moving average is $78.57 and its two-hundred day moving average is $59.11.

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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