Physician Wealth Advisors Inc. Invests $90,000 in iShares Silver Trust (NYSEARCA:SLV)

Physician Wealth Advisors Inc. acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,431 shares of the exchange traded fund’s stock, valued at approximately $90,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SLV. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $25,000. Key Client Fiduciary Advisors LLC raised its stake in iShares Silver Trust by 406.5% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. lifted its position in iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in iShares Silver Trust in the 4th quarter worth approximately $29,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of iShares Silver Trust by 671.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 1,115 shares during the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $31.00 on Monday. iShares Silver Trust has a fifty-two week low of $22.63 and a fifty-two week high of $31.80. The stock has a market cap of $14.83 billion, a P/E ratio of -8.87 and a beta of 0.73. The firm’s fifty day moving average price is $29.36 and its 200-day moving average price is $28.69.

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.