WMG Financial Advisors LLC Takes Position in iShares Silver Trust (NYSEARCA:SLV)

WMG Financial Advisors LLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 9,622 shares of the exchange traded fund’s stock, valued at approximately $253,000.

Other institutional investors have also made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $25,000. McClarren Financial Advisors Inc. boosted its position in iShares Silver Trust by 3,471.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 972 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in iShares Silver Trust in the fourth quarter valued at about $29,000. Smartleaf Asset Management LLC boosted its position in iShares Silver Trust by 671.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 1,115 shares in the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in iShares Silver Trust in the fourth quarter valued at about $35,000.

iShares Silver Trust Stock Up 1.6 %

NYSEARCA:SLV opened at $28.75 on Tuesday. The firm has a market cap of $13.73 billion, a PE ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 12 month low of $21.39 and a 12 month high of $31.80. The company’s 50-day moving average price is $28.17 and its two-hundred day moving average price is $28.18.

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.