Acorn Wealth Advisors LLC Buys 10,566 Shares of iShares Silver Trust (NYSEARCA:SLV)

Acorn Wealth Advisors LLC increased its stake in iShares Silver Trust (NYSEARCA:SLV) by 76.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,394 shares of the exchange traded fund’s stock after purchasing an additional 10,566 shares during the period. Acorn Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $642,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Quadrature Capital Ltd bought a new position in shares of iShares Silver Trust in the 3rd quarter valued at about $91,122,000. Toronto Dominion Bank lifted its holdings in iShares Silver Trust by 18.6% in the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after buying an additional 358,806 shares during the period. Bank of Montreal Can boosted its stake in iShares Silver Trust by 258.4% in the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after acquiring an additional 1,370,298 shares during the last quarter. MML Investors Services LLC grew its holdings in iShares Silver Trust by 3.6% during the 3rd quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock worth $21,745,000 after acquiring an additional 26,281 shares during the period. Finally, Cadence Wealth Management LLC raised its position in shares of iShares Silver Trust by 26.2% during the 3rd quarter. Cadence Wealth Management LLC now owns 760,065 shares of the exchange traded fund’s stock valued at $21,593,000 after acquiring an additional 158,016 shares during the last quarter.

iShares Silver Trust Stock Down 0.5 %

SLV stock opened at $29.44 on Tuesday. iShares Silver Trust has a twelve month low of $20.45 and a twelve month high of $31.80. The company has a market cap of $13.82 billion, a P/E ratio of -7.01 and a beta of 0.43. The business’s fifty day moving average is $28.01 and its 200-day moving average is $28.06.

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.