Soltis Investment Advisors LLC Grows Position in iShares Silver Trust (NYSEARCA:SLV)

Soltis Investment Advisors LLC grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 58.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,099 shares of the exchange traded fund’s stock after buying an additional 10,735 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares Silver Trust were worth $766,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Whitaker Myers Wealth Managers LTD. boosted its holdings in shares of iShares Silver Trust by 3.1% during the third quarter. Whitaker Myers Wealth Managers LTD. now owns 11,339 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 340 shares during the last quarter. Moloney Securities Asset Management LLC boosted its holdings in shares of iShares Silver Trust by 3.3% during the third quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock worth $315,000 after purchasing an additional 356 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its holdings in shares of iShares Silver Trust by 4.3% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock worth $234,000 after purchasing an additional 364 shares during the last quarter. Columbus Macro LLC boosted its holdings in shares of iShares Silver Trust by 1.8% during the third quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock worth $588,000 after purchasing an additional 368 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its holdings in shares of iShares Silver Trust by 4.6% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after purchasing an additional 372 shares during the last quarter.

iShares Silver Trust Stock Up 0.6 %

SLV stock opened at $29.20 on Tuesday. iShares Silver Trust has a 52-week low of $20.11 and a 52-week high of $31.80. The stock has a market capitalization of $13.71 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s fifty day simple moving average is $27.79 and its 200-day simple moving average is $27.77.

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.