Union Bancaire Privee UBP SA Has $992,000 Stock Holdings in iShares Silver Trust $SLV

Union Bancaire Privee UBP SA lowered its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 90.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,554 shares of the exchange traded fund’s stock after selling 142,230 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in iShares Silver Trust were worth $992,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Tableaux LLC bought a new position in iShares Silver Trust during the fourth quarter worth about $133,233,000. Bank of Montreal Can increased its holdings in shares of iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after purchasing an additional 1,852,688 shares during the period. Teacher Retirement System of Texas raised its position in shares of iShares Silver Trust by 259.9% in the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after buying an additional 1,011,000 shares in the last quarter. Quadrature Capital Ltd raised its position in shares of iShares Silver Trust by 1,691.5% in the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after buying an additional 906,747 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its stake in shares of iShares Silver Trust by 478.6% in the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock valued at $42,365,000 after buying an additional 827,089 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $53.28 on Monday. The company has a market capitalization of $30.16 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1 year low of $32.53 and a 1 year high of $109.83. The business’s 50 day simple moving average is $66.30 and its 200 day simple moving average is $70.17.

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.