ROI Financial Advisors LLC Has $1 Million Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

ROI Financial Advisors LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 39.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,010 shares of the exchange traded fund’s stock after buying an additional 10,771 shares during the quarter. ROI Financial Advisors LLC’s holdings in iShares Silver Trust were worth $1,001,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new position in iShares Silver Trust during the 4th quarter worth $25,000. McClarren Financial Advisors Inc. increased its position in shares of iShares Silver Trust by 3,471.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares during the period. Stonebridge Financial Group LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth $29,000. Smartleaf Asset Management LLC raised its stake in iShares Silver Trust by 671.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 1,115 shares in the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in iShares Silver Trust during the fourth quarter worth about $35,000.

iShares Silver Trust Stock Down 6.3 %

SLV stock opened at $27.08 on Friday. The company’s 50-day moving average price is $29.54 and its two-hundred day moving average price is $28.74. The firm has a market cap of $13.34 billion, a P/E ratio of -8.96 and a beta of 0.59. iShares Silver Trust has a 12 month low of $23.87 and a 12 month high of $31.80.

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.