iShares Silver Trust $SLV Stake Boosted by Victory Financial Group LLC

Victory Financial Group LLC grew its stake in iShares Silver Trust (NYSEARCA:SLV) by 164.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 16,525 shares of the exchange traded fund’s stock after buying an additional 10,267 shares during the quarter. Victory Financial Group LLC’s holdings in iShares Silver Trust were worth $901,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Graney & King LLC raised its holdings in iShares Silver Trust by 17.7% in the first quarter. Graney & King LLC now owns 1,005 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 151 shares in the last quarter. New England Professional Planning Group Inc. grew its holdings in iShares Silver Trust by 0.9% during the 1st quarter. New England Professional Planning Group Inc. now owns 17,774 shares of the exchange traded fund’s stock worth $1,211,000 after acquiring an additional 161 shares in the last quarter. Interactive Financial Advisors Inc. grew its holdings in iShares Silver Trust by 2.5% during the 1st quarter. Interactive Financial Advisors Inc. now owns 6,685 shares of the exchange traded fund’s stock worth $456,000 after acquiring an additional 164 shares in the last quarter. Elevation Wealth Management LLC grew its holdings in iShares Silver Trust by 0.9% during the 2nd quarter. Elevation Wealth Management LLC now owns 21,274 shares of the exchange traded fund’s stock worth $1,138,000 after acquiring an additional 191 shares in the last quarter. Finally, Endeavor Private Wealth Inc. increased its position in shares of iShares Silver Trust by 2.7% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 7,454 shares of the exchange traded fund’s stock valued at $399,000 after purchasing an additional 198 shares during the last quarter.

iShares Silver Trust Trading Down 0.2%

Shares of NYSEARCA:SLV opened at $49.06 on Thursday. iShares Silver Trust has a 52 week low of $42.51 and a 52 week high of $109.83. The company’s 50 day moving average is $56.42 and its two-hundred day moving average is $64.67. The company has a market cap of $26.40 billion, a PE ratio of -8.51 and a beta of 0.51.

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. 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.