Hilltop National Bank grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 266.7% during the fourth quarter, Holdings Channel reports. The firm owned 2,750 shares of the exchange traded fund’s stock after purchasing an additional 2,000 shares during the period. Hilltop National Bank’s holdings in iShares Silver Trust were worth $72,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Ironwood Wealth Management LLC. acquired a new position in iShares Silver Trust in the 2nd quarter valued at $202,000. Ashton Thomas Private Wealth LLC acquired a new position in iShares Silver Trust in the 2nd quarter valued at $203,000. Daiwa Securities Group Inc. grew its stake in iShares Silver Trust by 17.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 31,550 shares of the exchange traded fund’s stock valued at $838,000 after buying an additional 4,800 shares during the last quarter. MGO One Seven LLC grew its stake in iShares Silver Trust by 30.6% in the 2nd quarter. MGO One Seven LLC now owns 45,864 shares of the exchange traded fund’s stock valued at $1,219,000 after buying an additional 10,754 shares during the last quarter. Finally, Hardin Capital Partners LLC acquired a new position in iShares Silver Trust in the 2nd quarter valued at $268,000.
iShares Silver Trust Trading Up 0.8 %
NYSEARCA:SLV opened at $27.61 on Friday. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The firm’s fifty day simple moving average is $27.83 and its 200 day simple moving average is $27.63. The firm has a market capitalization of $12.96 billion, a PE ratio of -7.01 and a beta of 0.43.
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.
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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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