Members Advisory Group LLC Buys 23,403 Shares of iShares Silver Trust $SLV

Members Advisory Group LLC boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 21.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 132,425 shares of the exchange traded fund’s stock after acquiring an additional 23,403 shares during the period. iShares Silver Trust accounts for 2.0% of Members Advisory Group LLC’s portfolio, making the stock its 17th largest holding. Members Advisory Group LLC’s holdings in iShares Silver Trust were worth $5,611,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Center for Financial Planning Inc. bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at about $25,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Silver Trust in the second quarter worth about $26,000. Addison Advisors LLC purchased a new stake in shares of iShares Silver Trust in the second quarter worth about $31,000. Financial Management Professionals Inc. boosted its stake in iShares Silver Trust by 37.6% during the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 302 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in iShares Silver Trust during the second quarter valued at approximately $38,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $69.08 on Tuesday. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $71.22. The business has a 50 day simple moving average of $53.22 and a two-hundred day simple moving average of $43.06. The stock has a market capitalization of $39.93 billion, a PE ratio of -8.51 and a beta of 0.38.

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. 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.