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. The Trust seeks to reflect the performance of the price of silver before payment of its expenses and liabilities.
Basic Details
Issuer Blackrock
Fund NameiShares Silver Trust
Tax ClassificationGrantor Trust
SymbolNYSEARCA:SLV
Inception Date4/21/2006
Fund Manager
WebN/A
Phone+1-415-6702000
Fund Focus
Asset ClassCommodities
BenchmarkLondon Fix Silver PR USD
CategoryPrecious Metals
FocusSilver
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$4.92 billion
Average Daily Volume$8.31 million
Discount/Premium-14.05%
ETF Expenses
Management Fee0.50%
Other Expenses0.00%
Total Expenses0.50%
Fee Waiver0.00%
Net Expenses0.50%
Administrator, Advisor and Custodian
Administrator
Advisor
CustodianJPMorgan Chase Bank, N.A., London Branch
Distributor
Transfer Agent
TrusteeThe Bank of New York Mellon Corporation
Lead Market MakerIMC Chicago
iShares Silver Trust (NYSEARCA:SLV) Frequently Asked Questions
What is iShares Silver Trust's stock symbol?
iShares Silver Trust trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SLV."
What is the consensus analysts' recommendation for iShares Silver Trust?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iShares Silver Trust in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Are investors shorting iShares Silver Trust?
iShares Silver Trust saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 11,950,890 shares, an increase of 45.6% from the May 31st total of 8,210,622 shares. Based on an average trading volume of 9,598,846 shares, the short-interest ratio is presently 1.2 days. View iShares Silver Trust's Current Options Chain.
Who are iShares Silver Trust's key executives?
iShares Silver Trust's management team includes the folowing people:
- Patrick J. Dunne, President, Chief Executive Officer of the Sponsor (Age 47)
- Jack Gee, Chief Financial Officer, Director of the sponsor (Age 57)
- Charles C. S. Park, Chief Compliance Officer of the sponsor (Age 50)
- Philip J. Jensen, Director of the Sponsor (Age 56)
- Peter F. Landini, Director of the Sponsor (Age 63)
- Kimun Lee, Director of the Sponsor (Age 69)
- Paul C. Lohrey, Director of the Sponsor (Age 52)
Has iShares Silver Trust been receiving favorable news coverage?
News articles about SLV stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. iShares Silver Trust earned a news impact score of 0.23 on Accern's scale. They also assigned news articles about the exchange traded fund an impact score of 46.33 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are iShares Silver Trust's major shareholders?
iShares Silver Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Polianta Ltd (0.31%), AMG National Trust Bank (0.20%), Money Design Co. Ltd. (0.04%), Baltimore Capital Management Inc. (0.01%), Conservest Capital Advisors Inc. (0.01%) and Sphinx Trading LP (0.00%). View Institutional Ownership Trends for iShares Silver Trust.
Which institutional investors are selling iShares Silver Trust stock?
Which institutional investors are buying iShares Silver Trust stock?
SLV stock was purchased by a variety of institutional investors in the last quarter, including Polianta Ltd, AMG National Trust Bank, Sphinx Trading LP, Money Design Co. Ltd., Bogart Wealth LLC and Baltimore Capital Management Inc.. View Insider Buying and Selling for iShares Silver Trust.
How do I buy shares of iShares Silver Trust?
Shares of SLV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is iShares Silver Trust's stock price today?
One share of SLV stock can currently be purchased for approximately $14.63.
How big of a company is iShares Silver Trust?
iShares Silver Trust has a market capitalization of $5.22 billion.
How can I contact iShares Silver Trust?
iShares Silver Trust's mailing address is 400 Howard St, SAN FRANCISCO, CA 94105-2618, United States. The exchange traded fund can be reached via phone at +1-415-6702000.
MarketBeat Community Rating for iShares Silver Trust (NYSEARCA SLV)
MarketBeat's community ratings are surveys of what our community members think about iShares Silver Trust and other stocks. Vote "Outperform" if you believe SLV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLV will underperform the S&P 500 over the long term. You may vote once every thirty days.
