ROI Financial Advisors LLC increased its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 64.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,239 shares of the exchange traded fund’s stock after acquiring an additional 10,626 shares during the quarter. ROI Financial Advisors LLC’s holdings in iShares Silver Trust were worth $774,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. NWI Management LP boosted its position in shares of iShares Silver Trust by 10,526.6% in the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after acquiring an additional 5,263,305 shares during the period. Meitav Investment House Ltd. bought a new stake in iShares Silver Trust in the 2nd quarter valued at $45,688,000. Cetera Investment Advisers increased its holdings in shares of iShares Silver Trust by 842.7% during the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares during the period. International Assets Investment Management LLC raised its position in shares of iShares Silver Trust by 3,449.3% during the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after buying an additional 524,609 shares during the last quarter. Finally, Caxton Associates LP bought a new stake in shares of iShares Silver Trust in the first quarter valued at about $10,506,000.
iShares Silver Trust Stock Down 1.7 %
SLV stock opened at $27.61 on Thursday. The business’s 50-day simple moving average is $28.75 and its 200 day simple moving average is $27.42. The company has a market cap of $12.96 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $31.80.
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.
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