Argent Trust Co Raises Stock Position in iShares Silver Trust $SLV

Argent Trust Co lifted its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 31.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,606 shares of the exchange traded fund’s stock after purchasing an additional 9,564 shares during the period. Argent Trust Co’s holdings in iShares Silver Trust were worth $1,678,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Center for Financial Planning Inc. bought a new position in shares of iShares Silver Trust during the 2nd quarter worth $25,000. Addison Advisors LLC purchased a new stake in iShares Silver Trust in the second quarter worth about $31,000. Nexus Investment Management ULC grew its holdings in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 250 shares in the last quarter. Raleigh Capital Management Inc. purchased a new position in iShares Silver Trust during the 3rd quarter valued at about $32,000. Finally, Hopwood Financial Services Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at about $38,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $84.99 on Monday. The company has a market cap of $46.79 billion, a PE ratio of -8.51 and a beta of 0.38. The firm’s 50 day moving average price is $76.48 and its 200-day moving average price is $55.52. iShares Silver Trust has a 52-week low of $26.57 and a 52-week high of $109.83.

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iShares Silver Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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