#2 - iShares Silver Trust (NYSEARCA:SLV)
If you’re considering investing in precious metals, silver and gold go together like peanut butter and jelly. And some investors prefer silver because they point to its use in a range of applications. And currently, that includes its demand for semiconductors. Like gold, investors can choose to buy silver in its physical form. However, like gold that comes with limitations.
A popular ETF for investors to consider is the iShares Silver Trust (NYSEARCA:SLV). This is the largest physically-backed silver ETF in operation. It currently has just under $12 billion ($11.93 billion) assets under management (AUM). And the only holding of the fund is silver. Over the last five years, the per-share price of the fund is up 22%. The fund has an expense ratio of 0.50%.
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.
Read More - Current Price
- $27.76
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
