61,850 Shares in iShares Silver Trust (NYSEARCA:SLV) Bought by IMG Wealth Management Inc.

IMG Wealth Management Inc. bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 61,850 shares of the exchange traded fund’s stock, valued at approximately $1,629,000. iShares Silver Trust comprises approximately 1.5% of IMG Wealth Management Inc.’s holdings, making the stock its 18th largest position.

A number of other institutional investors have also added to or reduced their stakes in SLV. Pettinga Financial Advisors LLC increased its holdings in iShares Silver Trust by 0.6% during the third quarter. Pettinga Financial Advisors LLC now owns 108,860 shares of the exchange traded fund’s stock worth $3,093,000 after buying an additional 658 shares during the last quarter. OneDigital Investment Advisors LLC increased its holdings in iShares Silver Trust by 7.7% during the third quarter. OneDigital Investment Advisors LLC now owns 51,148 shares of the exchange traded fund’s stock worth $1,453,000 after buying an additional 3,671 shares during the last quarter. Empowered Funds LLC acquired a new position in iShares Silver Trust during the third quarter worth $822,000. Mizuho Markets Americas LLC increased its holdings in iShares Silver Trust by 18.6% during the third quarter. Mizuho Markets Americas LLC now owns 22,595 shares of the exchange traded fund’s stock worth $642,000 after buying an additional 3,543 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in iShares Silver Trust during the third quarter worth $1,085,000.

iShares Silver Trust Price Performance

SLV stock opened at $30.71 on Monday. The company has a fifty day moving average price of $28.73 and a two-hundred day moving average price of $28.37. iShares Silver Trust has a one year low of $22.29 and a one year high of $31.80. The stock has a market cap of $14.69 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73.

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.