D.B. Root & Company LLC Invests $203,000 in iShares Silver Trust $SLV

D.B. Root & Company LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,541 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Other institutional investors also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Silver Trust during the 1st quarter worth approximately $25,000. Anderson Financial Strategies LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $26,000. Kentucky Trust Co grew its holdings in shares of iShares Silver Trust by 185.7% during the 1st quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 650 shares in the last quarter. Trifecta Capital Advisors LLC acquired a new stake in shares of iShares Silver Trust during the 1st quarter worth approximately $31,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $30,000.

iShares Silver Trust Trading Up 2.1%

Shares of NYSEARCA:SLV opened at $35.34 on Friday. iShares Silver Trust has a 1-year low of $25.27 and a 1-year high of $35.91. The firm has a market capitalization of $18.97 billion, a PE ratio of -8.51 and a beta of 0.59. The business’s 50 day moving average is $34.04 and its 200-day moving average is $31.34.

About iShares Silver Trust

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.