iShares Silver Trust $SLV Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 52.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 152,753 shares of the exchange traded fund’s stock after acquiring an additional 52,236 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Silver Trust were worth $9,840,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after acquiring an additional 1,595 shares during the last quarter. Bison Wealth LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at $238,000. Capstone Wealth Management Group LLC acquired a new stake in shares of iShares Silver Trust in the first quarter valued at $443,000. Schnieders Capital Management LLC. lifted its holdings in shares of iShares Silver Trust by 15.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 1,300 shares during the period. Finally, First Trust Advisors LP acquired a new stake in shares of iShares Silver Trust in the second quarter valued at $886,000.

iShares Silver Trust Stock Up 1.2%

Shares of NYSEARCA SLV opened at $66.98 on Friday. iShares Silver Trust has a 12 month low of $32.06 and a 12 month high of $109.83. The company has a market cap of $37.91 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The business has a fifty day simple moving average of $68.89 and a 200-day simple moving average of $69.08.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.