Hilltop National Bank acquired a new stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 3,750 shares of the exchange traded fund’s stock, valued at approximately $123,000.
Other hedge funds have also added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares Silver Trust during the 1st quarter worth about $25,000. Highline Wealth Partners LLC bought a new stake in iShares Silver Trust during the second quarter worth $26,000. Trifecta Capital Advisors LLC bought a new stake in shares of iShares Silver Trust in the 1st quarter valued at about $31,000. Kentucky Trust Co raised its stake in iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 650 shares during the period. Finally, Financial Management Professionals Inc. lifted its position in shares of iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 302 shares during the last quarter.
iShares Silver Trust Trading Up 2.3%
Shares of NYSEARCA SLV opened at $43.52 on Friday. The company has a market capitalization of $23.92 billion, a P/E ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $43.95. The stock has a 50 day moving average of $36.92 and a 200-day moving average of $33.24.
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.
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