Redhawk Wealth Advisors Inc. Purchases 372 Shares of iShares Silver Trust (NYSEARCA:SLV)

Redhawk Wealth Advisors Inc. raised its holdings in iShares Silver Trust (NYSEARCA:SLV) by 4.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,472 shares of the exchange traded fund’s stock after purchasing an additional 372 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in iShares Silver Trust were worth $223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Laurel Wealth Advisors LLC raised its position in iShares Silver Trust by 24.8% in the fourth quarter. Laurel Wealth Advisors LLC now owns 10,052 shares of the exchange traded fund’s stock worth $265,000 after purchasing an additional 2,000 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares Silver Trust by 5,177.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,750 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 4,660 shares during the period. Ignite Planners LLC raised its holdings in shares of iShares Silver Trust by 12.2% in the 4th quarter. Ignite Planners LLC now owns 12,925 shares of the exchange traded fund’s stock worth $349,000 after buying an additional 1,403 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in shares of iShares Silver Trust by 9.8% during the 4th quarter. Signal Advisors Wealth LLC now owns 14,235 shares of the exchange traded fund’s stock worth $375,000 after buying an additional 1,273 shares during the period. Finally, Grandview Asset Management LLC boosted its stake in iShares Silver Trust by 36.3% in the 4th quarter. Grandview Asset Management LLC now owns 13,177 shares of the exchange traded fund’s stock valued at $347,000 after buying an additional 3,511 shares in the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $28.04 on Friday. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The stock has a fifty day moving average price of $27.65 and a two-hundred day moving average price of $27.67. The firm has a market capitalization of $13.16 billion, a P/E 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.