RIA Advisory Group LLC Acquires New Position in iShares Silver Trust (NYSEARCA:SLV)

RIA Advisory Group LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 731,174 shares of the exchange traded fund’s stock, valued at approximately $20,773,000. iShares Silver Trust makes up 7.3% of RIA Advisory Group LLC’s investment portfolio, making the stock its 4th biggest holding. RIA Advisory Group LLC owned 0.16% of iShares Silver Trust at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vontobel Holding Ltd. lifted its holdings in shares of iShares Silver Trust by 106.0% during the third quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock valued at $1,744,000 after purchasing an additional 31,601 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of iShares Silver Trust by 29.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock valued at $318,000 after acquiring an additional 2,749 shares during the last quarter. Inspirion Wealth Advisors LLC purchased a new stake in shares of iShares Silver Trust during the 2nd quarter valued at about $220,000. ORG Partners LLC bought a new stake in shares of iShares Silver Trust in the second quarter worth approximately $39,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares Silver Trust by 24.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 22,673 shares of the exchange traded fund’s stock valued at $516,000 after purchasing an additional 4,479 shares during the last quarter.

iShares Silver Trust Trading Down 0.9 %

Shares of SLV stock opened at $27.57 on Friday. The stock has a market capitalization of $12.94 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The firm’s 50 day moving average is $28.82 and its 200 day moving average is $27.44.

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.