Custom Portfolio Group LLC Has $2.55 Million Position in iShares Silver Trust (NYSEARCA:SLV)

Custom Portfolio Group LLC decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 4.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 97,768 shares of the exchange traded fund’s stock after selling 4,789 shares during the quarter. iShares Silver Trust accounts for about 2.0% of Custom Portfolio Group LLC’s investment portfolio, making the stock its 9th largest position. Custom Portfolio Group LLC’s holdings in iShares Silver Trust were worth $2,549,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SLV. Transcendent Capital Group LLC purchased a new stake in iShares Silver Trust during the fourth quarter valued at about $26,000. AlphaMark Advisors LLC boosted its stake in iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 372 shares during the period. Triad Wealth Partners LLC purchased a new position in iShares Silver Trust during the 2nd quarter worth approximately $29,000. Strategic Financial Concepts LLC acquired a new stake in iShares Silver Trust during the 2nd quarter valued at $32,000. Finally, West Oak Capital LLC lifted its holdings in shares of iShares Silver Trust by 102.3% in the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 655 shares in the last quarter.

iShares Silver Trust Stock Down 1.6 %

Shares of iShares Silver Trust stock opened at $28.41 on Tuesday. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $29.56. The stock has a market cap of $13.33 billion, a PE ratio of -7.01 and a beta of 0.43. The business has a fifty day simple moving average of $26.60 and a 200-day simple moving average of $26.31.

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.