Union Bancaire Privee UBP SA Has $992,000 Holdings in iShares Silver Trust $SLV

Union Bancaire Privee UBP SA decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 90.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,554 shares of the exchange traded fund’s stock after selling 142,230 shares during the period. Union Bancaire Privee UBP SA’s holdings in iShares Silver Trust were worth $992,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Sarver Vrooman Wealth Advisors bought a new stake in iShares Silver Trust in the 4th quarter valued at $30,000. Intesa Sanpaolo Wealth Management bought a new position in iShares Silver Trust during the fourth quarter worth $32,000. Rialto Wealth Management LLC bought a new position in iShares Silver Trust during the fourth quarter worth $33,000. Redwood Park Advisors LLC increased its holdings in shares of iShares Silver Trust by 106.4% in the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 266 shares during the last quarter. Finally, Sfam LLC acquired a new position in shares of iShares Silver Trust in the fourth quarter valued at $33,000.

iShares Silver Trust Price Performance

Shares of SLV opened at $53.28 on Monday. The firm has a market capitalization of $30.16 billion, a PE ratio of -8.51 and a beta of 0.45. The company’s 50-day moving average is $66.30 and its 200-day moving average is $70.17. iShares Silver Trust has a fifty-two week low of $32.53 and a fifty-two week high of $109.83.

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.