MRP Capital Investments LLC Invests $105,000 in iShares Silver Trust (NYSEARCA:SLV)

MRP Capital Investments LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, HoldingsChannel reports. The firm bought 4,000 shares of the exchange traded fund’s stock, valued at approximately $105,000.

A number of other institutional investors also recently modified their holdings of SLV. Empowered Funds LLC purchased a new stake in shares of iShares Silver Trust during the third quarter worth about $822,000. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Silver Trust by 4.3% during the third quarter. Thrivent Financial for Lutherans now owns 74,742 shares of the exchange traded fund’s stock worth $2,124,000 after purchasing an additional 3,088 shares during the period. PNC Financial Services Group Inc. lifted its holdings in iShares Silver Trust by 2.0% in the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock worth $5,575,000 after buying an additional 3,901 shares during the period. Commerce Bank lifted its holdings in iShares Silver Trust by 11.6% in the third quarter. Commerce Bank now owns 20,293 shares of the exchange traded fund’s stock worth $577,000 after buying an additional 2,103 shares during the period. Finally, First Horizon Advisors Inc. lifted its holdings in iShares Silver Trust by 334.3% in the third quarter. First Horizon Advisors Inc. now owns 19,454 shares of the exchange traded fund’s stock worth $553,000 after buying an additional 14,975 shares during the period.

iShares Silver Trust Price Performance

Shares of SLV opened at $30.50 on Friday. iShares Silver Trust has a one year low of $22.29 and a one year high of $31.80. The company has a 50-day simple moving average of $29.00 and a two-hundred day simple moving average of $28.46. The firm has a market capitalization of $14.59 billion, a PE ratio of -8.87 and a beta of 0.73.

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.