Rehmann Capital Advisory Group Grows Holdings in iShares Silver Trust $SLV

Rehmann Capital Advisory Group raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 49.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,421 shares of the exchange traded fund’s stock after buying an additional 12,127 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares Silver Trust were worth $1,947,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Axiom Investment Management LLC bought a new position in iShares Silver Trust during the 1st quarter valued at about $26,000. West Branch Capital LLC bought a new position in shares of iShares Silver Trust in the second quarter worth approximately $27,000. Sarver Vrooman Wealth Advisors purchased a new stake in iShares Silver Trust in the 4th quarter worth $30,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of iShares Silver Trust during the fourth quarter worth about $32,000. Finally, Redwood Park Advisors LLC raised its position in shares of iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 266 shares during the last quarter.

iShares Silver Trust Trading Down 3.7%

NYSEARCA:SLV opened at $57.92 on Wednesday. iShares Silver Trust has a 12 month low of $36.43 and a 12 month high of $109.83. The business’s 50-day moving average is $55.60 and its 200 day moving average is $64.35. The company has a market capitalization of $30.94 billion, a P/E ratio of -8.51 and a beta of 0.50.

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.