RFG Advisory LLC purchased a new stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 59,889 shares of the exchange traded fund’s stock, valued at approximately $1,362,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of SLV. Pathstone Family Office LLC bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth about $200,000. Envestnet Portfolio Solutions Inc. bought a new stake in iShares Silver Trust during the 3rd quarter worth approximately $377,000. Cary Street Partners Investment Advisory LLC increased its stake in iShares Silver Trust by 12.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 15,640 shares of the exchange traded fund’s stock worth $318,000 after purchasing an additional 1,773 shares in the last quarter. Asset Dedication LLC increased its stake in iShares Silver Trust by 180.5% during the 3rd quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 928 shares in the last quarter. Finally, Bank of Nova Scotia bought a new stake in iShares Silver Trust during the 3rd quarter worth approximately $401,000.
iShares Silver Trust Stock Performance
NYSEARCA SLV opened at $26.98 on Friday. The business has a 50 day simple moving average of $26.60 and a 200 day simple moving average of $23.51. iShares Silver Trust has a 52-week low of $18.97 and a 52-week high of $29.56. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
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.
Featured Stories
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iShares Silver Trust and related companies with MarketBeat.com’s FREE daily email newsletter.