iShares Silver Trust $SLV Stock Holdings Lifted by RFG Advisory LLC

RFG Advisory LLC increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 208.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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.

Several other hedge funds have also made changes to their positions in the company. Sarver Vrooman Wealth Advisors acquired a new stake in iShares Silver Trust during the 4th quarter valued at $30,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $32,000. Rialto Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $33,000. Redwood Park Advisors LLC grew its holdings in shares of iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 266 shares in the last quarter. Finally, Sfam LLC acquired a new position in iShares Silver Trust during the fourth quarter valued at $33,000.

iShares Silver Trust Trading Up 1.8%

Shares of iShares Silver Trust stock opened at $53.28 on Friday. The stock has a 50-day moving average price of $66.30 and a 200 day moving average price of $70.04. The company has a market cap of $30.16 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1 year low of $32.53 and a 1 year high of $109.83.

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. 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.