Tactive Advisors LLC Invests $4.68 Million in iShares Silver Trust $SLV

Tactive Advisors LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 142,768 shares of the exchange traded fund’s stock, valued at approximately $4,684,000. iShares Silver Trust comprises about 1.5% of Tactive Advisors LLC’s holdings, making the stock its 16th largest position.

A number of other institutional investors have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC bought a new stake in iShares Silver Trust in the fourth quarter worth approximately $238,000. Capstone Wealth Management Group LLC acquired a new position in iShares Silver Trust in the first quarter valued at approximately $443,000. Deutsche Bank AG bought a new position in shares of iShares Silver Trust during the 1st quarter worth approximately $87,000. Finally, Kovitz Investment Group Partners LLC boosted its holdings in shares of iShares Silver Trust by 11.5% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 15,578 shares of the exchange traded fund’s stock worth $483,000 after buying an additional 1,608 shares in the last quarter.

iShares Silver Trust Stock Down 2.6%

NYSEARCA:SLV opened at $56.10 on Friday. The company has a fifty day moving average of $47.28 and a 200-day moving average of $39.44. The firm has a market capitalization of $30.22 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $58.56.

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.