Indiana Trust & Investment Management Co Boosts Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Indiana Trust & Investment Management Co lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 1,940.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 13,670 shares of the exchange traded fund’s stock after buying an additional 13,000 shares during the period. Indiana Trust & Investment Management Co’s holdings in iShares Silver Trust were worth $360,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vontobel Holding Ltd. increased its stake in iShares Silver Trust by 106.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock worth $1,744,000 after purchasing an additional 31,601 shares during the period. ROI Financial Advisors LLC grew its holdings in shares of iShares Silver Trust by 64.0% in the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock worth $774,000 after purchasing an additional 10,626 shares during the last quarter. FMR LLC increased its stake in shares of iShares Silver Trust by 46.4% in the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock worth $460,000 after buying an additional 5,135 shares during the period. Rockefeller Capital Management L.P. raised its holdings in iShares Silver Trust by 5.7% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock valued at $3,879,000 after buying an additional 7,388 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in iShares Silver Trust by 2.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock valued at $5,575,000 after buying an additional 3,901 shares during the period.

iShares Silver Trust Stock Down 0.7 %

Shares of iShares Silver Trust stock opened at $29.00 on Wednesday. The company’s fifty day simple moving average is $27.81 and its two-hundred day simple moving average is $27.80. iShares Silver Trust has a 12-month low of $20.11 and a 12-month high of $31.80. The firm has a market cap of $13.61 billion, a PE ratio of -7.01 and a beta of 0.43.

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.