Acorn Wealth Advisors LLC Purchases 10,566 Shares of iShares Silver Trust (NYSEARCA:SLV)

Acorn Wealth Advisors LLC lifted its position in iShares Silver Trust (NYSEARCA:SLV) by 76.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,394 shares of the exchange traded fund’s stock after buying an additional 10,566 shares during the period. Acorn Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $642,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. BankPlus Trust Department acquired a new position in iShares Silver Trust in the fourth quarter valued at about $58,000. Rothschild Investment LLC lifted its holdings in shares of iShares Silver Trust by 12.6% during the 4th quarter. Rothschild Investment LLC now owns 13,432 shares of the exchange traded fund’s stock valued at $354,000 after purchasing an additional 1,500 shares in the last quarter. IFP Advisors Inc grew its position in shares of iShares Silver Trust by 14.3% in the 4th quarter. IFP Advisors Inc now owns 8,735 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 1,096 shares during the period. J. W. Coons Advisors LLC increased its stake in iShares Silver Trust by 5.7% during the 4th quarter. J. W. Coons Advisors LLC now owns 22,200 shares of the exchange traded fund’s stock worth $585,000 after purchasing an additional 1,200 shares in the last quarter. Finally, B&D White Capital Company LLC acquired a new stake in iShares Silver Trust during the 4th quarter worth approximately $5,270,000.

iShares Silver Trust Stock Down 0.5 %

iShares Silver Trust stock opened at $29.44 on Tuesday. The company has a 50 day moving average of $28.01 and a 200-day moving average of $28.06. iShares Silver Trust has a twelve month low of $20.45 and a twelve month high of $31.80. The stock has a market capitalization of $13.82 billion, a PE 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.