Bravias Capital Group LLC Raises Stake in iShares Silver Trust $SLV

Bravias Capital Group LLC lifted its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 153.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,750 shares of the exchange traded fund’s stock after acquiring an additional 48,918 shares during the quarter. iShares Silver Trust makes up approximately 2.3% of Bravias Capital Group LLC’s portfolio, making the stock its 9th largest position. Bravias Capital Group LLC’s holdings in iShares Silver Trust were worth $3,421,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Continuum Advisory LLC purchased a new position in iShares Silver Trust during the third quarter worth about $524,000. LifeWealth Investments LLC lifted its position in shares of iShares Silver Trust by 0.5% during the 3rd quarter. LifeWealth Investments LLC now owns 90,139 shares of the exchange traded fund’s stock worth $3,819,000 after buying an additional 415 shares in the last quarter. Wealth Quarterback LLC boosted its stake in shares of iShares Silver Trust by 2.0% in the 3rd quarter. Wealth Quarterback LLC now owns 16,008 shares of the exchange traded fund’s stock worth $678,000 after buying an additional 311 shares during the last quarter. Benin Management CORP grew its holdings in shares of iShares Silver Trust by 563.7% in the third quarter. Benin Management CORP now owns 65,735 shares of the exchange traded fund’s stock valued at $2,785,000 after acquiring an additional 55,830 shares in the last quarter. Finally, Pure Financial Advisors LLC purchased a new stake in shares of iShares Silver Trust during the third quarter valued at approximately $218,000.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Trading Down 7.2%

Shares of iShares Silver Trust stock opened at $66.01 on Tuesday. The business’s fifty day simple moving average is $50.94 and its 200 day simple moving average is $41.89. iShares Silver Trust has a 12 month low of $26.22 and a 12 month high of $71.22. The firm has a market capitalization of $35.56 billion, a P/E ratio of -8.51 and a beta of 0.38.

iShares Silver Trust Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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