Cypress Capital Group Purchases 13,211 Shares of iShares Silver Trust (NYSEARCA:SLV)

Cypress Capital Group raised its stake in iShares Silver Trust (NYSEARCA:SLV) by 32.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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 SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Exencial Wealth Advisors LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $205,000. Synergy Investment Management LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $179,000. Steward Partners Investment Advisory LLC grew its position in shares of iShares Silver Trust by 9.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 242,443 shares of the exchange traded fund’s stock valued at $6,384,000 after buying an additional 21,330 shares during the last quarter. WMG Financial Advisors LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $253,000. Finally, Meridian Wealth Management LLC grew its position in shares of iShares Silver Trust by 7.6% in the 4th quarter. Meridian Wealth Management LLC now owns 191,273 shares of the exchange traded fund’s stock valued at $5,036,000 after buying an additional 13,588 shares during the last quarter.

iShares Silver Trust Trading Up 0.9 %

NYSEARCA SLV opened at $29.00 on Wednesday. The business’s 50-day moving average price is $28.17 and its two-hundred day moving average price is $28.18. iShares Silver Trust has a 12 month low of $21.64 and a 12 month high of $31.80. The firm has a market capitalization of $13.84 billion, a PE ratio of -8.33 and a beta of 0.74.

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.