Indiana Trust & Investment Management Co raised its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1,940.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,670 shares of the exchange traded fund’s stock after acquiring 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 reporting period.
A number of other large investors have also recently modified their holdings of SLV. Eagle Bay Advisors LLC purchased a new stake in iShares Silver Trust in the fourth quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC raised its position in shares of iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 4,825 shares in the last quarter. Spartan Fund Management Inc. purchased a new position in iShares Silver Trust in the third quarter worth $28,000. Stonebridge Financial Group LLC bought a new position in iShares Silver Trust in the fourth quarter valued at $29,000. Finally, Jamison Private Wealth Management Inc. purchased a new stake in iShares Silver Trust during the third quarter valued at about $31,000.
iShares Silver Trust Trading Down 0.7 %
SLV opened at $29.00 on Wednesday. The stock has a market capitalization of $13.61 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.11 and a 12-month high of $31.80. The stock has a 50-day moving average price of $27.81 and a 200-day moving average price of $27.80.
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.
Featured Stories
- Five stocks we like better than iShares Silver Trust
- Find and Profitably Trade Stocks at 52-Week Lows
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- Why Are Stock Sectors Important to Successful Investing?
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
- How to Short Nasdaq: An Easy-to-Follow Guide
- U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.