iShares Silver Trust $SLV Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 361,349 shares of the exchange traded fund’s stock after buying an additional 13,741 shares during the period. PNC Financial Services Group Inc. owned 0.06% of iShares Silver Trust worth $24,622,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SLV. TBH Global Asset Management LLC boosted its stake in shares of 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 worth $439,000 after acquiring an additional 104 shares in the last quarter. Westside Investment Management Inc. increased its stake in shares of iShares Silver Trust by 23.4% in the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 130 shares in the last quarter. JNBA Financial Advisors increased its stake in shares of iShares Silver Trust by 1.2% in the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 132 shares in the last quarter. SouthState Bank Corp raised its holdings in iShares Silver Trust by 29.6% in the 4th quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 148 shares during the period. Finally, Swisher Financial Concepts Inc. raised its holdings in iShares Silver Trust by 0.8% in the 1st quarter. Swisher Financial Concepts Inc. now owns 17,731 shares of the exchange traded fund’s stock worth $1,208,000 after purchasing an additional 148 shares during the period.

iShares Silver Trust Trading Up 1.0%

Shares of SLV stock opened at $52.59 on Friday. iShares Silver Trust has a 12-month low of $33.10 and a 12-month high of $109.83. The business’s 50 day moving average is $59.15 and its two-hundred day moving average is $68.86. The company has a market capitalization of $28.09 billion, a P/E ratio of -8.51 and a beta of 0.49.

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. 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.