Capital Asset Advisory Services LLC Has $1.59 Million Position in iShares Silver Trust (NYSEARCA:SLV)

Capital Asset Advisory Services LLC raised its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,923 shares of the exchange traded fund’s stock after purchasing an additional 862 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares Silver Trust were worth $1,590,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ironwood Wealth Management LLC. acquired a new stake in shares of iShares Silver Trust during the second quarter worth $202,000. Thrivent Financial for Lutherans boosted its holdings in iShares Silver Trust by 28.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 71,654 shares of the exchange traded fund’s stock valued at $1,904,000 after purchasing an additional 15,750 shares during the period. Chicago Wealth Management Inc. acquired a new position in shares of iShares Silver Trust during the 2nd quarter worth approximately $3,573,000. NewEdge Advisors LLC increased its holdings in shares of iShares Silver Trust by 256.0% during the second quarter. NewEdge Advisors LLC now owns 274,046 shares of the exchange traded fund’s stock worth $7,281,000 after purchasing an additional 197,073 shares during the period. Finally, Sunbelt Securities Inc. raised its position in shares of iShares Silver Trust by 77.5% in the second quarter. Sunbelt Securities Inc. now owns 26,436 shares of the exchange traded fund’s stock valued at $702,000 after buying an additional 11,541 shares in the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $27.91 on Monday. The stock’s fifty day moving average price is $27.64 and its two-hundred day moving average price is $27.67. The firm has a market cap of $13.10 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80.

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.