WESPAC Advisors LLC Has $635,000 Position in iShares Silver Trust (NYSEARCA:SLV)

WESPAC Advisors LLC grew its stake in iShares Silver Trust (NYSEARCA:SLV) by 18.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,103 shares of the exchange traded fund’s stock after buying an additional 3,673 shares during the period. WESPAC Advisors LLC’s holdings in iShares Silver Trust were worth $635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Moloney Securities Asset Management LLC increased its stake in shares of iShares Silver Trust by 3.3% in the third quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock valued at $315,000 after buying an additional 356 shares during the period. Riggs Asset Managment Co. Inc. increased its stake in shares of iShares Silver Trust by 4.3% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock valued at $234,000 after buying an additional 364 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in shares of iShares Silver Trust by 4.6% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 372 shares in the last quarter. Raymond James Trust N.A. boosted its position in shares of iShares Silver Trust by 3.1% during the 3rd quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock valued at $366,000 after purchasing an additional 383 shares in the last quarter. Finally, Strategic Blueprint LLC boosted its position in shares of iShares Silver Trust by 4.3% during the 4th quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 392 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $29.59 on Friday. iShares Silver Trust has a one year low of $20.45 and a one year high of $31.80. The stock’s 50-day moving average is $27.98 and its 200 day moving average is $28.00. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.