Blue Trust Inc. lowered its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 59,099 shares of the exchange traded fund’s stock after selling 282 shares during the quarter. Blue Trust Inc.’s holdings in iShares Silver Trust were worth $1,939,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC bought a new position in iShares Silver Trust in the first quarter valued at approximately $25,000. Highline Wealth Partners LLC bought a new position in iShares Silver Trust in the second quarter valued at approximately $26,000. Trifecta Capital Advisors LLC bought a new position in iShares Silver Trust in the first quarter valued at approximately $31,000. Kentucky Trust Co lifted its stake in iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. Finally, Financial Management Professionals Inc. lifted its stake in iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 302 shares in the last quarter.
iShares Silver Trust Stock Performance
Shares of SLV opened at $45.43 on Friday. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $46.35. The firm’s 50 day moving average price is $37.97 and its two-hundred day moving average price is $33.71. The firm has a market cap of $24.41 billion, a P/E ratio of -8.51 and a beta of 0.59.
iShares Silver Trust Company 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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