iShares Silver Trust (NYSEARCA:SLV) Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 13.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 93,421 shares of the exchange traded fund’s stock after purchasing an additional 10,977 shares during the period. Fifth Third Bancorp’s holdings in iShares Silver Trust were worth $2,460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Eagle Bay Advisors LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth $25,000. Key Client Fiduciary Advisors LLC increased its position in shares of iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 4,825 shares in the last quarter. Spartan Fund Management Inc. purchased a new stake in shares of iShares Silver Trust in the 3rd quarter valued at about $28,000. Jamison Private Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust in the 3rd quarter valued at about $31,000. Finally, Peoples Bank KS grew its stake in iShares Silver Trust by 334.5% during the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 970 shares during the last quarter.

iShares Silver Trust Trading Down 1.6 %

Shares of NYSEARCA SLV opened at $27.46 on Tuesday. The stock has a market cap of $12.89 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a twelve month low of $20.11 and a twelve month high of $31.80. The stock has a 50 day moving average of $27.62 and a two-hundred day moving average of $27.66.

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.