Wealth Watch Advisors INC Purchases New Stake in iShares Silver Trust $SLV

Wealth Watch Advisors INC purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,189 shares of the exchange traded fund’s stock, valued at approximately $498,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Silver Trust in the first quarter valued at approximately $25,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust in the second quarter valued at approximately $26,000. Financial Management Professionals Inc. increased its holdings in shares of iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 302 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in iShares Silver Trust during the second quarter worth $38,000. Finally, GAMMA Investing LLC acquired a new stake in iShares Silver Trust during the first quarter worth $42,000.

iShares Silver Trust Stock Down 0.4%

SLV stock opened at $43.99 on Monday. The business has a fifty day moving average of $40.31 and a two-hundred day moving average of $34.96. The stock has a market cap of $24.43 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $49.25.

About iShares Silver Trust

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.