Union Bancaire Privee UBP SA Makes New $556,000 Investment in iShares Silver Trust (NYSEARCA:SLV)

Union Bancaire Privee UBP SA bought a new position in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 21,064 shares of the exchange traded fund’s stock, valued at approximately $556,000.

Other institutional investors also recently modified their holdings of the company. Savant Capital LLC raised its stake in shares of iShares Silver Trust by 26.8% in the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock worth $349,000 after acquiring an additional 2,803 shares during the last quarter. ROI Financial Advisors LLC raised its stake in shares of iShares Silver Trust by 64.0% during the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock worth $774,000 after buying an additional 10,626 shares during the last quarter. FMR LLC raised its stake in shares of iShares Silver Trust by 46.4% during the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock worth $460,000 after buying an additional 5,135 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of iShares Silver Trust by 5.7% during the third quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock worth $3,879,000 after buying an additional 7,388 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares Silver Trust by 2.0% during the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock worth $5,575,000 after buying an additional 3,901 shares during the last quarter.

iShares Silver Trust Price Performance

SLV opened at $29.44 on Tuesday. The company has a market cap of $13.82 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The firm has a 50 day simple moving average of $28.01 and a 200 day simple moving average of $28.06. iShares Silver Trust has a fifty-two week low of $20.45 and a fifty-two week high of $31.80.

iShares Silver Trust 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.