Banco Bilbao Vizcaya Argentaria S.A. Grows Stock Holdings in iShares Silver Trust $SLV

Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 34.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 605,000 shares of the exchange traded fund’s stock after buying an additional 155,000 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in iShares Silver Trust were worth $25,448,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SLV. Ameriprise Financial Inc. boosted its stake in shares of iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after acquiring an additional 573,660 shares during the period. Creative Planning raised its stake in iShares Silver Trust by 13.2% during the 3rd quarter. Creative Planning now owns 215,888 shares of the exchange traded fund’s stock valued at $9,147,000 after purchasing an additional 25,210 shares during the period. Zacks Investment Management lifted its holdings in iShares Silver Trust by 92.3% in the 3rd quarter. Zacks Investment Management now owns 12,329 shares of the exchange traded fund’s stock worth $522,000 after purchasing an additional 5,917 shares in the last quarter. Ancora Advisors LLC boosted its stake in iShares Silver Trust by 3.4% in the 3rd quarter. Ancora Advisors LLC now owns 27,195 shares of the exchange traded fund’s stock worth $1,152,000 after purchasing an additional 903 shares during the period. Finally, Prairie Wealth Advisors Inc. bought a new position in iShares Silver Trust in the 3rd quarter worth approximately $240,000.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $72.69 on Friday. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The firm’s 50 day moving average price is $78.65 and its 200-day moving average price is $58.32. The stock has a market cap of $40.02 billion, a P/E ratio of -8.51 and a beta of 0.38.

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. 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.