US Bancorp DE Has $9.38 Million Stock Holdings in iShares Silver Trust $SLV

US Bancorp DE raised its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 145,561 shares of the exchange traded fund’s stock after acquiring an additional 11,379 shares during the quarter. US Bancorp DE’s holdings in iShares Silver Trust were worth $9,377,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Innealta Capital LLC acquired a new stake in iShares Silver Trust in the fourth quarter valued at approximately $247,000. Bogart Wealth LLC lifted its stake in iShares Silver Trust by 23.5% in the fourth quarter. Bogart Wealth LLC now owns 14,455 shares of the exchange traded fund’s stock valued at $931,000 after acquiring an additional 2,755 shares during the last quarter. Simplicity Wealth LLC lifted its stake in iShares Silver Trust by 31.3% in the fourth quarter. Simplicity Wealth LLC now owns 16,710 shares of the exchange traded fund’s stock valued at $1,076,000 after acquiring an additional 3,985 shares during the last quarter. Smart Money Group LLC acquired a new stake in iShares Silver Trust in the fourth quarter valued at approximately $367,000. Finally, Pekin Hardy Strauss Inc. lifted its stake in iShares Silver Trust by 9.6% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 59,465 shares of the exchange traded fund’s stock valued at $3,831,000 after acquiring an additional 5,200 shares during the last quarter.

iShares Silver Trust Stock Up 2.4%

NYSEARCA SLV opened at $68.29 on Friday. The stock has a market capitalization of $38.65 billion, a PE ratio of -8.51 and a beta of 0.45. The company has a 50 day moving average price of $70.88 and a two-hundred day moving average price of $64.88. iShares Silver Trust has a 12-month low of $29.04 and a 12-month high of $109.83.

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iShares Silver Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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