Mutual Advisors LLC Buys 408 Shares of iShares Silver Trust (NYSEARCA:SLV)

Mutual Advisors LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 108,803 shares of the exchange traded fund’s stock after acquiring an additional 408 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Silver Trust were worth $3,051,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Whitaker Myers Wealth Managers LTD. grew its holdings in iShares Silver Trust by 3.1% during the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 11,339 shares of the exchange traded fund’s stock worth $322,000 after acquiring an additional 340 shares during the period. Moloney Securities Asset Management LLC grew its position in shares of iShares Silver Trust by 3.3% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock worth $315,000 after buying an additional 356 shares during the period. Columbus Macro LLC increased its stake in shares of iShares Silver Trust by 1.8% in the 3rd quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock valued at $588,000 after acquiring an additional 368 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in shares of iShares Silver Trust by 4.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock valued at $223,000 after acquiring an additional 372 shares during the period. Finally, Raymond James Trust N.A. boosted its stake in iShares Silver Trust by 3.1% during the 3rd quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock worth $366,000 after acquiring an additional 383 shares during the last quarter.

iShares Silver Trust Stock Performance

SLV opened at $27.77 on Friday. The firm’s fifty day moving average is $27.63 and its two-hundred day moving average is $27.68. The firm has a market cap of $13.03 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a twelve month low of $20.11 and a twelve month high of $31.80.

iShares Silver Trust Company 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.