Banco Bilbao Vizcaya Argentaria S.A. Increases Position in iShares Silver Trust $SLV

Banco Bilbao Vizcaya Argentaria S.A. increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 82.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,103,897 shares of the exchange traded fund’s stock after purchasing an additional 498,897 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned 0.20% of iShares Silver Trust worth $72,445,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SLV. TBH Global Asset Management LLC raised its holdings in iShares Silver Trust by 1.5% during the fourth quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after acquiring an additional 104 shares during the period. Westside Investment Management Inc. boosted its stake in shares of iShares Silver Trust by 23.4% in the fourth quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 130 shares during the period. JNBA Financial Advisors grew its position in shares of iShares Silver Trust by 1.2% during the fourth quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock worth $692,000 after purchasing an additional 132 shares in the last quarter. SouthState Bank Corp raised its stake in iShares Silver Trust by 29.6% during the 4th quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 148 shares during the period. Finally, Wolff Wiese Magana LLC lifted its holdings in iShares Silver Trust by 1.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock worth $651,000 after purchasing an additional 150 shares in the last quarter.

iShares Silver Trust Price Performance

SLV stock opened at $60.61 on Thursday. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The business has a 50 day simple moving average of $68.14 and a two-hundred day simple moving average of $70.00. The company has a market capitalization of $34.31 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

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. 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.