Forvis Mazars Wealth Advisors LLC Increases Stake in iShares Silver Trust (NYSEARCA:SLV)

Forvis Mazars Wealth Advisors LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 7.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,157 shares of the exchange traded fund’s stock after purchasing an additional 879 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $346,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC increased its position in shares of iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. increased its position 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 last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at approximately $29,000. Finally, Hantz Financial Services Inc. purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at approximately $35,000.

iShares Silver Trust Trading Down 0.5 %

Shares of NYSEARCA:SLV opened at $29.44 on Tuesday. iShares Silver Trust has a 52 week low of $20.45 and a 52 week high of $31.80. The company’s 50 day moving average is $28.01 and its two-hundred day moving average is $28.06. The company has a market cap of $13.82 billion, a PE ratio of -7.01 and a beta of 0.43.

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.