iShares Silver Trust (SLV)
iShares Silver Trust operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $49.16, up 1.03% on the session, giving a market capitalisation of $27.13B. On trailing twelve-month figures it carries a trailing P/E of -20.43, a net margin of 0.0%. Its beta of 1.26 implies it has historically moved more than the broad market.
The iShares Silver Trust is designed to broadly replicate the market price movements of silver. This Trust operates outside the regulatory framework of the 1940 Investment Company Act, meaning it is not subject to the same stringent rules that govern registered mutual funds or ETFs. Furthermore, it does not qualify as a commodity pool under the Commodity Exchange Act. Prospective investors are urged to thoroughly review the prospectus, including its risk factors and all other pertinent information, before finalizing any investment decision.
iShares Silver Trust is most often compared with the following Financial Services names: