First National Trust Co boosted its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 11.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,957 shares of the exchange traded fund’s stock after purchasing an additional 2,021 shares during the period. First National Trust Co’s holdings in iShares Silver Trust were worth $655,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new stake in iShares Silver Trust in the first quarter worth approximately $25,000. Highline Wealth Partners LLC acquired a new stake in iShares Silver Trust in the second quarter worth approximately $26,000. Financial Management Professionals Inc. lifted its position 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 worth $36,000 after purchasing an additional 302 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in iShares Silver Trust in the second quarter worth approximately $38,000. Finally, GAMMA Investing LLC acquired a new stake in iShares Silver Trust in the first quarter worth approximately $42,000.
iShares Silver Trust Price Performance
SLV opened at $42.70 on Wednesday. The company has a market capitalization of $23.40 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1-year low of $26.19 and a 1-year high of $49.25. The business has a 50 day moving average price of $40.64 and a two-hundred day moving average price of $35.16.
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.
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