iShares Silver Trust $SLV Stake Boosted by ROI Financial Advisors LLC

ROI Financial Advisors LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 18.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,219 shares of the exchange traded fund’s stock after purchasing an additional 8,229 shares during the quarter. iShares Silver Trust makes up about 1.1% of ROI Financial Advisors LLC’s investment portfolio, making the stock its 24th largest holding. ROI Financial Advisors LLC’s holdings in iShares Silver Trust were worth $1,746,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in shares of iShares Silver Trust by 6.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,076,568 shares of the exchange traded fund’s stock worth $33,363,000 after buying an additional 68,041 shares during the last quarter. Apella Capital LLC bought a new stake in shares of iShares Silver Trust during the 2nd quarter valued at about $291,000. Deutsche Bank AG acquired a new stake in iShares Silver Trust during the first quarter worth about $87,000. GAMMA Investing LLC bought a new position in iShares Silver Trust in the first quarter worth about $42,000. Finally, OneAscent Financial Services LLC lifted its holdings in iShares Silver Trust by 5.1% in the first quarter. OneAscent Financial Services LLC now owns 10,310 shares of the exchange traded fund’s stock worth $317,000 after acquiring an additional 497 shares during the last quarter.

iShares Silver Trust Stock Up 2.1%

Shares of SLV stock opened at $43.65 on Thursday. The company has a market cap of $23.52 billion, a P/E ratio of -8.51 and a beta of 0.38. The business has a 50 day moving average of $41.69 and a two-hundred day moving average of $35.75. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $49.25.

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.