Moneco Advisors LLC Has $4.66 Million Stock Position in iShares Silver Trust $SLV

Moneco Advisors LLC lifted its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 104.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,322 shares of the exchange traded fund’s stock after buying an additional 36,882 shares during the quarter. Moneco Advisors LLC’s holdings in iShares Silver Trust were worth $4,659,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Rialto Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $33,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of iShares Silver Trust by 274.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 425 shares during the last quarter. Bangor Savings Bank acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $38,000. American National Bank & Trust lifted its stake in shares of iShares Silver Trust by 96.7% in the fourth quarter. American National Bank & Trust now owns 590 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 290 shares during the last quarter. Finally, Wells Financial Advisors INC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $39,000.

iShares Silver Trust Trading Up 1.0%

Shares of iShares Silver Trust stock opened at $79.35 on Thursday. The firm has a fifty day simple moving average of $69.95 and a 200-day simple moving average of $66.36. iShares Silver Trust has a 1-year low of $29.09 and a 1-year high of $109.83. The stock has a market capitalization of $44.91 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

iShares Silver Trust News Summary

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

About iShares Silver Trust

(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.

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

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