RIA Advisory Group LLC Sells 378,568 Shares of iShares Silver Trust (NYSEARCA:SLV)

RIA Advisory Group LLC lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 94.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,314 shares of the exchange traded fund’s stock after selling 378,568 shares during the quarter. RIA Advisory Group LLC’s holdings in iShares Silver Trust were worth $442,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Zhang Financial LLC bought a new stake in iShares Silver Trust during the fourth quarter worth $201,000. Obermeyer Wood Investment Counsel Lllp raised its position in iShares Silver Trust by 40.5% during the fourth quarter. Obermeyer Wood Investment Counsel Lllp now owns 22,562 shares of the exchange traded fund’s stock worth $491,000 after acquiring an additional 6,500 shares in the last quarter. Guidance Capital Inc. raised its position in iShares Silver Trust by 4.4% during the fourth quarter. Guidance Capital Inc. now owns 203,032 shares of the exchange traded fund’s stock worth $4,396,000 after acquiring an additional 8,516 shares in the last quarter. Grant GrossMendelsohn LLC raised its position in iShares Silver Trust by 4.4% during the fourth quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 505 shares in the last quarter. Finally, Capital Analysts LLC raised its position in iShares Silver Trust by 2,273.5% during the fourth quarter. Capital Analysts LLC now owns 4,747 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 4,547 shares in the last quarter.

iShares Silver Trust Price Performance

NYSEARCA SLV traded up $0.34 on Friday, hitting $26.20. 29,252,418 shares of the stock were exchanged, compared to its average volume of 23,548,629. The business’s fifty day moving average is $22.73 and its 200 day moving average is $21.72. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $27.24. The company has a market capitalization of $12.43 billion, a PE ratio of -7.62 and a beta of 0.46.

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.