ROI Financial Advisors LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 64.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,239 shares of the exchange traded fund’s stock after purchasing an additional 10,626 shares during the quarter. ROI Financial Advisors LLC’s holdings in iShares Silver Trust were worth $774,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. AlphaMark Advisors LLC increased its position in iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 372 shares during the last quarter. Spartan Fund Management Inc. acquired a new position in iShares Silver Trust in the third quarter worth approximately $28,000. Triad Wealth Partners LLC bought a new position in iShares Silver Trust during the second quarter valued at approximately $29,000. Jamison Private Wealth Management Inc. acquired a new stake in iShares Silver Trust in the third quarter valued at approximately $31,000. Finally, Strategic Financial Concepts LLC acquired a new stake in iShares Silver Trust in the second quarter valued at approximately $32,000.
iShares Silver Trust Stock Down 1.7 %
Shares of SLV opened at $27.61 on Thursday. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $31.80. The company’s fifty day moving average is $28.75 and its 200-day moving average is $27.42. The firm has a market cap of $12.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
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.
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