Trustmark National Bank Trust Department Raises Stake in iShares Silver Trust (NYSEARCA:SLV)

Trustmark National Bank Trust Department boosted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 24.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,833 shares of the exchange traded fund’s stock after purchasing an additional 1,904 shares during the quarter. Trustmark National Bank Trust Department’s holdings in iShares Silver Trust were worth $279,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SLV. AlphaMark Advisors LLC raised its position in shares of iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 372 shares during the last quarter. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust during the 3rd quarter worth $28,000. Triad Wealth Partners LLC purchased a new stake in iShares Silver Trust in the 2nd quarter valued at about $29,000. Jamison Private Wealth Management Inc. purchased a new stake in iShares Silver Trust in the 3rd quarter valued at about $31,000. Finally, Strategic Financial Concepts LLC acquired a new position in iShares Silver Trust in the 2nd quarter valued at about $32,000.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $28.04 on Friday. The business has a 50-day simple moving average of $28.98 and a 200-day simple moving average of $27.56. The company has a market cap of $13.16 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.07 and a one year high of $31.80.

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.