Empower Advisory Group LLC Takes Position in iShares Silver Trust (NYSEARCA:SLV)

Empower Advisory Group LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, Holdings Channel.com reports. The firm acquired 8,391 shares of the exchange traded fund’s stock, valued at approximately $221,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Truist Financial Corp lifted its position in shares of iShares Silver Trust by 3.1% in the fourth quarter. Truist Financial Corp now owns 336,402 shares of the exchange traded fund’s stock valued at $8,857,000 after acquiring an additional 10,167 shares in the last quarter. NTV Asset Management LLC lifted its position in iShares Silver Trust by 0.8% during the fourth quarter. NTV Asset Management LLC now owns 182,678 shares of the exchange traded fund’s stock worth $4,810,000 after buying an additional 1,378 shares during the period. Mainsail Asset Management LLC purchased a new position in iShares Silver Trust during the fourth quarter worth about $395,000. Csenge Advisory Group lifted its position in iShares Silver Trust by 5.1% during the fourth quarter. Csenge Advisory Group now owns 19,055 shares of the exchange traded fund’s stock worth $502,000 after buying an additional 930 shares during the period. Finally, James Investment Research Inc. lifted its position in iShares Silver Trust by 4.6% during the fourth quarter. James Investment Research Inc. now owns 57,401 shares of the exchange traded fund’s stock worth $1,511,000 after buying an additional 2,542 shares during the period.

iShares Silver Trust Trading Up 0.5 %

NYSEARCA SLV opened at $29.95 on Friday. The business’s 50-day moving average price is $27.94 and its 200 day moving average price is $27.95. iShares Silver Trust has a twelve month low of $20.45 and a twelve month high of $31.80. The company has a market capitalization of $14.06 billion, a PE ratio of -7.01 and a beta of 0.43.

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.