iShares Silver Trust $SLV Shares Acquired by Cypress Capital Group

Cypress Capital Group increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 10.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 223,301 shares of the exchange traded fund’s stock after buying an additional 21,601 shares during the period. iShares Silver Trust comprises approximately 1.1% of Cypress Capital Group’s holdings, making the stock its 25th biggest holding. Cypress Capital Group’s holdings in iShares Silver Trust were worth $9,461,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SLV. Meitav Investment House Ltd. lifted 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 worth $97,589,000 after purchasing an additional 152,600 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Silver Trust by 1.0% during the 2nd quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock valued at $81,118,000 after acquiring an additional 25,584 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares Silver Trust by 1.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock valued at $85,732,000 after acquiring an additional 26,710 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares Silver Trust by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,372,143 shares of the exchange traded fund’s stock worth $45,020,000 after purchasing an additional 295,575 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in iShares Silver Trust by 4.5% in the second quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock worth $42,347,000 after purchasing an additional 55,180 shares during the period.

iShares Silver Trust Stock Down 0.0%

Shares of SLV stock opened at $105.57 on Friday. The business has a 50 day moving average of $67.69 and a two-hundred day moving average of $49.42. The company has a market cap of $59.81 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83.

About iShares Silver Trust

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.