8,164 Shares in iShares Silver Trust (NYSEARCA:SLV) Purchased by Net Worth Advisory Group

Net Worth Advisory Group bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the third quarter, Holdings Channel.com reports. The institutional investor bought 8,164 shares of the exchange traded fund’s stock, valued at approximately $232,000.

Other hedge funds also recently bought and sold shares of the company. NWI Management LP boosted its position in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after buying an additional 5,263,305 shares during the period. Commonwealth Equity Services LLC grew its position in iShares Silver Trust by 16.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,845,780 shares of the exchange traded fund’s stock valued at $49,042,000 after acquiring an additional 257,022 shares in the last quarter. Meitav Investment House Ltd. purchased a new stake in iShares Silver Trust during the second quarter worth about $45,688,000. SG Americas Securities LLC lifted its position in shares of iShares Silver Trust by 32.3% during the first quarter. SG Americas Securities LLC now owns 1,574,171 shares of the exchange traded fund’s stock worth $35,812,000 after purchasing an additional 384,056 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of iShares Silver Trust by 17.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock worth $35,923,000 after purchasing an additional 204,606 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $30.84 on Tuesday. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.23. The company has a 50 day moving average price of $27.52 and a 200 day moving average price of $26.89. The stock has a market capitalization of $14.47 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.