Cypress Capital Group Has $1.43 Million Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Cypress Capital Group lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 32.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 54,365 shares of the exchange traded fund’s stock after buying an additional 13,211 shares during the period. Cypress Capital Group’s holdings in iShares Silver Trust were worth $1,431,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Eagle Bay Advisors LLC acquired a new position in shares of iShares Silver Trust during the 4th quarter worth $25,000. Key Client Fiduciary Advisors LLC grew its position in iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. grew its position in iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 972 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in iShares Silver Trust during the 4th quarter worth $29,000. Finally, Smartleaf Asset Management LLC grew its position in iShares Silver Trust by 671.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,115 shares during the last quarter.

iShares Silver Trust Stock Up 0.9 %

Shares of SLV stock opened at $29.00 on Wednesday. The firm has a market capitalization of $13.84 billion, a P/E ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a twelve month low of $21.64 and a twelve month high of $31.80. The stock’s fifty day simple moving average is $28.17 and its 200 day simple moving average is $28.18.

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.