Members Advisory Group LLC Sells 1,299 Shares of iShares Silver Trust $SLV

Members Advisory Group LLC cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 109,022 shares of the exchange traded fund’s stock after selling 1,299 shares during the period. iShares Silver Trust comprises approximately 1.3% of Members Advisory Group LLC’s portfolio, making the stock its 22nd largest position. Members Advisory Group LLC’s holdings in iShares Silver Trust were worth $3,577,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC bought a new position in iShares Silver Trust during the fourth quarter valued at approximately $238,000. GAMMA Investing LLC purchased a new stake in shares of iShares Silver Trust during the first quarter valued at approximately $42,000. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Silver Trust by 21.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 214,948 shares of the exchange traded fund’s stock worth $6,661,000 after acquiring an additional 37,464 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Silver Trust by 13.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 30,131 shares of the exchange traded fund’s stock valued at $934,000 after acquiring an additional 3,638 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $46.99 on Monday. The stock has a market cap of $26.19 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 1 year low of $26.19 and a 1 year high of $49.25. The firm has a fifty day moving average price of $39.29 and a 200-day moving average price of $34.35.

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.