MidFirst Bank Buys Shares of 12,000 iShares Silver Trust $SLV

MidFirst Bank acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 12,000 shares of the exchange traded fund’s stock, valued at approximately $773,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Wealth LLC increased its stake in shares of 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 buying an additional 21,551 shares during the period. Ameliora Wealth Management Ltd. raised its holdings 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 valued at $5,583,000 after acquiring an additional 11,563 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in iShares Silver Trust by 33.1% in 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 acquiring an additional 9,391 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in iShares Silver Trust by 47.8% in 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 worth $1,869,000 after acquiring an additional 9,384 shares during the last quarter. Finally, Clare Market Investments LLC grew its holdings in iShares Silver Trust by 24.4% during the 3rd quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock worth $2,060,000 after acquiring an additional 9,525 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $59.51 on Friday. iShares Silver Trust has a 52 week low of $32.06 and a 52 week high of $109.83. The company’s 50 day moving average is $67.85 and its two-hundred day moving average is $69.98. The company has a market cap of $33.68 billion, a PE ratio of -8.51 and a beta of 0.45.

iShares Silver Trust 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.