Members Advisory Group LLC Makes New $2.88 Million Investment in iShares Silver Trust (NYSEARCA:SLV)

Members Advisory Group LLC bought a new position in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 109,227 shares of the exchange traded fund’s stock, valued at approximately $2,876,000. iShares Silver Trust makes up approximately 1.2% of Members Advisory Group LLC’s portfolio, making the stock its 21st biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Alpha Financial Partners LLC lifted its holdings in shares of iShares Silver Trust by 237.9% during the third quarter. Alpha Financial Partners LLC now owns 33,184 shares of the exchange traded fund’s stock valued at $943,000 after purchasing an additional 23,364 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of iShares Silver Trust by 54.8% during the third quarter. Sequoia Financial Advisors LLC now owns 18,540 shares of the exchange traded fund’s stock valued at $527,000 after purchasing an additional 6,564 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of iShares Silver Trust by 2.8% during the third quarter. Signaturefd LLC now owns 16,828 shares of the exchange traded fund’s stock valued at $478,000 after purchasing an additional 455 shares in the last quarter. International Assets Investment Management LLC lifted its holdings 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 purchasing an additional 524,609 shares in the last quarter. Finally, Values First Advisors Inc. bought a new position in shares of iShares Silver Trust during the third quarter valued at $61,000.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $29.59 on Friday. The company has a market cap of $13.89 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $20.45 and a 1 year high of $31.80. The stock’s fifty day moving average price is $27.98 and its 200-day moving average price is $28.00.

iShares Silver Trust 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.