Biltmore Family Office LLC Boosts Holdings in iShares Silver Trust $SLV

Biltmore Family Office LLC lifted its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 66.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,000 shares of the exchange traded fund’s stock after buying an additional 10,000 shares during the period. Biltmore Family Office LLC’s holdings in iShares Silver Trust were worth $1,059,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of iShares Silver Trust during the fourth quarter valued at $238,000. Capstone Wealth Management Group LLC purchased a new stake in shares of iShares Silver Trust during the first quarter valued at $443,000. Fifth Third Bancorp increased its holdings in iShares Silver Trust by 3.1% in the 2nd quarter. Fifth Third Bancorp now owns 94,666 shares of the exchange traded fund’s stock worth $3,106,000 after buying an additional 2,834 shares in the last quarter. Finally, Perigon Wealth Management LLC purchased a new position in iShares Silver Trust in the 2nd quarter worth about $996,000.

iShares Silver Trust Stock Performance

SLV opened at $92.91 on Friday. The stock has a market capitalization of $53.45 billion, a P/E ratio of -8.51 and a beta of 0.38. The company’s 50-day simple moving average is $63.15 and its two-hundred day simple moving average is $47.60. iShares Silver Trust has a 52-week low of $26.57 and a 52-week high of $92.98.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

About iShares Silver Trust

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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