Retirement Capital Strategies Buys Shares of 95,261 iShares Silver Trust $SLV

Retirement Capital Strategies bought a new stake in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 95,261 shares of the exchange traded fund’s stock, valued at approximately $6,137,000. iShares Silver Trust accounts for about 2.3% of Retirement Capital Strategies’ portfolio, making the stock its 13th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SLV. Raymond James Financial Inc. boosted its position in shares of iShares Silver Trust by 12.7% during the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after buying an additional 313,816 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after buying an additional 573,660 shares during the period. Bank of Montreal Can boosted its position in shares of iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after buying an additional 1,852,688 shares during the period. Mainstay Capital Management LLC ADV boosted its position in shares of iShares Silver Trust by 82.5% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after buying an additional 824,589 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of iShares Silver Trust by 5.7% during the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after buying an additional 94,521 shares during the period.

iShares Silver Trust Price Performance

SLV stock opened at $61.29 on Monday. The stock has a market capitalization of $34.69 billion, a P/E ratio of -8.51 and a beta of 0.45. The business has a 50-day moving average of $68.35 and a 200-day moving average of $69.69. iShares Silver Trust has a fifty-two week low of $32.06 and a fifty-two week high of $109.83.

About iShares Silver Trust

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.