First Business Financial Services Inc. Invests $322,000 in iShares Silver Trust (NYSEARCA:SLV)

First Business Financial Services Inc. purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,400 shares of the exchange traded fund’s stock, valued at approximately $322,000.

A number of other large investors have also added to or reduced their stakes in SLV. Banco BTG Pactual S.A. raised its holdings in shares of iShares Silver Trust by 0.3% during the 4th quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock worth $3,220,000 after buying an additional 350 shares in the last quarter. Kiley Juergens Wealth Management LLC boosted its position in iShares Silver Trust by 1.9% during the first quarter. Kiley Juergens Wealth Management LLC now owns 19,193 shares of the exchange traded fund’s stock valued at $595,000 after acquiring an additional 360 shares during the last quarter. Whittier Trust Co. grew its stake in iShares Silver Trust by 1.2% during the first quarter. Whittier Trust Co. now owns 30,045 shares of the exchange traded fund’s stock worth $931,000 after purchasing an additional 361 shares during the period. GFS Advisors LLC grew its position in shares of iShares Silver Trust by 0.7% during the 1st quarter. GFS Advisors LLC now owns 49,992 shares of the exchange traded fund’s stock worth $1,549,000 after buying an additional 367 shares during the period. Finally, Strategic Investment Solutions Inc. IL increased its stake in iShares Silver Trust by 1.4% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 30,095 shares of the exchange traded fund’s stock valued at $770,000 after purchasing an additional 413 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $34.63 on Tuesday. iShares Silver Trust has a one year low of $24.25 and a one year high of $35.29. The company has a market cap of $18.08 billion, a PE ratio of -8.51 and a beta of 0.59. The stock has a 50-day moving average of $31.75 and a 200-day moving average of $29.93.

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.