Muirfield Wealth Advisors LLC Acquires New Stake in iShares Silver Trust $SLV

Muirfield Wealth Advisors LLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) during the 4th quarter, HoldingsChannel reports. The firm bought 17,706 shares of the exchange traded fund’s stock, valued at approximately $1,141,000. iShares Silver Trust accounts for about 0.8% of Muirfield Wealth Advisors LLC’s portfolio, making the stock its 26th biggest position.

Several other institutional investors have also added to or reduced their stakes in the business. TBH Global Asset Management LLC boosted its stake in iShares Silver Trust by 1.5% during the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 104 shares during the last quarter. Westside Investment Management Inc. boosted its stake in iShares Silver Trust by 23.4% during the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 130 shares during the last quarter. JNBA Financial Advisors boosted its stake in iShares Silver Trust by 1.2% during the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 132 shares during the last quarter. Wolff Wiese Magana LLC boosted its stake in iShares Silver Trust by 1.5% during the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock valued at $651,000 after purchasing an additional 150 shares during the last quarter. Finally, Wesbanco Bank Inc. boosted its stake in iShares Silver Trust by 1.2% during the 4th quarter. Wesbanco Bank Inc. now owns 12,421 shares of the exchange traded fund’s stock valued at $800,000 after purchasing an additional 152 shares during the last quarter.

iShares Silver Trust Trading Down 4.3%

Shares of SLV opened at $66.90 on Wednesday. The business’s fifty day simple moving average is $69.57 and its two-hundred day simple moving average is $67.13. iShares Silver Trust has a 12 month low of $29.50 and a 12 month high of $109.83. The company has a market cap of $37.87 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

Key iShares Silver Trust News

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

iShares Silver Trust 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.

See Also

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

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

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