iShares Silver Trust $SLV Holdings Raised by RFG Advisory LLC

RFG Advisory LLC boosted its stake in iShares Silver Trust (NYSEARCA:SLV) by 208.8% in the first quarter, Holdings Channel reports. The institutional investor owned 42,984 shares of the exchange traded fund’s stock after acquiring an additional 29,065 shares during the quarter. RFG Advisory LLC’s holdings in iShares Silver Trust were worth $2,929,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. increased its stake in shares of iShares Silver Trust by 12.7% in the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after acquiring an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after purchasing an additional 573,660 shares during the last quarter. Bank of Montreal Can boosted its position in iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the last quarter. Tableaux LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at about $133,233,000. Finally, Mainstay Capital Management LLC ADV grew its stake in iShares Silver Trust by 82.5% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after purchasing an additional 824,589 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $53.28 on Friday. iShares Silver Trust has a fifty-two week low of $32.53 and a fifty-two week high of $109.83. The stock’s 50-day moving average is $66.30 and its two-hundred day moving average is $70.04. The firm has a market cap of $30.16 billion, a P/E ratio of -8.51 and a beta of 0.45.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.