iShares Silver Trust $SLV Shares Purchased by Cypress Capital Group

Cypress Capital Group boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 82.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 201,700 shares of the exchange traded fund’s stock after acquiring an additional 91,415 shares during the quarter. Cypress Capital Group’s holdings in iShares Silver Trust were worth $6,618,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. LPL Financial LLC grew its holdings in shares of iShares Silver Trust by 13.4% during the 1st quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock worth $242,725,000 after purchasing an additional 924,353 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in iShares Silver Trust during the second quarter worth about $162,217,000. Meitav Investment House Ltd. increased its position in shares of iShares Silver Trust by 5.4% during the second quarter. Meitav Investment House Ltd. now owns 2,972,600 shares of the exchange traded fund’s stock valued at $97,589,000 after acquiring an additional 152,600 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares Silver Trust by 127.3% in the 1st quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock valued at $80,514,000 after acquiring an additional 1,460,084 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of iShares Silver Trust by 8.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,105,854 shares of the exchange traded fund’s stock valued at $65,260,000 after acquiring an additional 166,148 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $45.43 on Monday. The firm has a market cap of $24.78 billion, a P/E ratio of -8.51 and a beta of 0.59. The firm’s 50 day moving average price is $37.97 and its 200-day moving average price is $33.75. iShares Silver Trust has a one year low of $26.19 and a one year high of $46.35.

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.