GM Advisory Group LLC Has $733,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

GM Advisory Group LLC grew its position in iShares Silver Trust (NYSEARCA:SLV) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,835 shares of the exchange traded fund’s stock after buying an additional 605 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Silver Trust were worth $733,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SLV. Eagle Bay Advisors LLC purchased a new stake in iShares Silver Trust in the 4th quarter worth about $25,000. McClarren Financial Advisors Inc. increased its holdings in shares of iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter worth approximately $29,000. Smartleaf Asset Management LLC grew its position in iShares Silver Trust by 671.7% during 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. acquired a new position in iShares Silver Trust in the 4th quarter valued at approximately $35,000.

iShares Silver Trust Stock Down 0.3 %

Shares of NYSEARCA:SLV opened at $30.75 on Thursday. The firm has a fifty day moving average of $28.94 and a two-hundred day moving average of $28.44. iShares Silver Trust has a 12-month low of $22.29 and a 12-month high of $31.80. The firm has a market capitalization of $14.71 billion, a P/E ratio of -8.87 and a beta of 0.73.

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.