Banco Bilbao Vizcaya Argentaria S.A. Purchases 498,897 Shares of iShares Silver Trust $SLV

Banco Bilbao Vizcaya Argentaria S.A. increased its position in iShares Silver Trust (NYSEARCA:SLV) by 82.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor 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.’s holdings in iShares Silver Trust were worth $72,445,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SLV. NewEdge Wealth LLC increased its stake in iShares Silver Trust by 99.6% during the third quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock worth $1,885,000 after acquiring an additional 21,551 shares during the last quarter. Ameliora Wealth Management Ltd. increased its stake in iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after purchasing an additional 11,563 shares during the period. Prime Capital Investment Advisors LLC lifted its position in shares of iShares Silver Trust by 33.1% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after purchasing an additional 9,391 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of iShares Silver Trust by 47.8% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock valued at $1,869,000 after purchasing an additional 9,384 shares during the period. Finally, Clare Market Investments LLC grew its holdings in shares of iShares Silver Trust by 24.4% in the third quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock worth $2,060,000 after purchasing an additional 9,525 shares during the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $60.61 on Thursday. The stock has a market cap of $34.31 billion, a PE ratio of -8.51 and a beta of 0.45. The stock has a 50-day moving average of $68.14 and a two-hundred day moving average of $70.00. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83.

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.