Trustmark National Bank Trust Department raised its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 24.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,833 shares of the exchange traded fund’s stock after acquiring an additional 1,904 shares during the period. Trustmark National Bank Trust Department’s holdings in iShares Silver Trust were worth $279,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of SLV. NWI Management LP boosted its position in shares of iShares Silver Trust by 10,526.6% in the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after buying an additional 5,263,305 shares during the period. Meitav Investment House Ltd. bought a new position in shares of iShares Silver Trust in the second quarter valued at approximately $45,688,000. RIA Advisory Group LLC bought a new position in shares of iShares Silver Trust in the third quarter valued at approximately $20,773,000. Cetera Investment Advisers raised its position in iShares Silver Trust by 842.7% in the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of iShares Silver Trust by 3,449.3% during the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after acquiring an additional 524,609 shares during the last quarter.
iShares Silver Trust Stock Down 0.2 %
Shares of SLV stock opened at $28.04 on Friday. The firm has a market capitalization of $13.16 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The firm has a fifty day moving average of $28.98 and a 200-day moving average of $27.56.
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.
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