Thomasville National Bank Takes Position in iShares Silver Trust $SLV

Thomasville National Bank acquired a new position in iShares Silver Trust (NYSEARCA:SLV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,220 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SLV. TBH Global Asset Management LLC increased its position in iShares Silver Trust by 1.5% during the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after buying an additional 104 shares in the last quarter. JNBA Financial Advisors boosted its holdings in iShares Silver Trust by 1.2% in the fourth quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock worth $692,000 after acquiring an additional 132 shares in the last quarter. SouthState Bank Corp boosted its holdings in iShares Silver Trust by 29.6% in the fourth quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 148 shares in the last quarter. Swisher Financial Concepts Inc. boosted its holdings in iShares Silver Trust by 0.8% in the first quarter. Swisher Financial Concepts Inc. now owns 17,731 shares of the exchange traded fund’s stock worth $1,208,000 after acquiring an additional 148 shares in the last quarter. Finally, Financial Designs Corp grew its stake in shares of iShares Silver Trust by 1.5% during the first quarter. Financial Designs Corp now owns 10,244 shares of the exchange traded fund’s stock worth $698,000 after acquiring an additional 149 shares during the last quarter.

iShares Silver Trust Stock Up 0.9%

SLV opened at $59.06 on Thursday. iShares Silver Trust has a 52-week low of $33.85 and a 52-week high of $109.83. The company has a market cap of $31.54 billion, a P/E ratio of -8.51 and a beta of 0.50. The firm’s 50-day moving average price is $55.70 and its 200-day moving average price is $66.64.

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.