Rehmann Capital Advisory Group Sells 405 Shares of iShares Silver Trust $SLV

Rehmann Capital Advisory Group cut its holdings in iShares Silver Trust (NYSEARCA:SLV) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,649 shares of the exchange traded fund’s stock after selling 405 shares during the period. Rehmann Capital Advisory Group’s holdings in iShares Silver Trust were worth $579,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SLV. Brighton Jones LLC grew its holdings in shares of iShares Silver Trust by 9.2% in the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC bought a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $238,000. GAMMA Investing LLC bought a new position in iShares Silver Trust during the first quarter valued at $42,000. Envestnet Portfolio Solutions Inc. grew its holdings in 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 purchasing an additional 3,638 shares during the period. Finally, Continuum Advisory LLC grew its holdings in iShares Silver Trust by 43.1% during the first quarter. Continuum Advisory LLC now owns 3,819 shares of the exchange traded fund’s stock valued at $118,000 after purchasing an additional 1,151 shares during the period.

iShares Silver Trust Trading Up 0.7%

Shares of NYSEARCA SLV opened at $44.18 on Friday. The stock has a fifty day simple moving average of $40.12 and a two-hundred day simple moving average of $34.74. iShares Silver Trust has a 1-year low of $26.19 and a 1-year high of $49.25. The firm has a market cap of $24.14 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59.

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.