Acorn Wealth Advisors LLC Acquires Shares of 13,828 iShares Silver Trust (NYSEARCA:SLV)

Acorn Wealth Advisors LLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 13,828 shares of the exchange traded fund’s stock, valued at approximately $393,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Spartan Fund Management Inc. bought a new position in iShares Silver Trust during the third quarter valued at approximately $28,000. AlphaMark Advisors LLC raised its holdings in shares of iShares Silver Trust by 57.2% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 372 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust in the 2nd quarter valued at $29,000. Jamison Private Wealth Management Inc. bought a new stake in iShares Silver Trust in the third quarter worth $31,000. Finally, Peoples Bank KS boosted its holdings in iShares Silver Trust by 334.5% in the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 970 shares in the last quarter.

iShares Silver Trust Trading Down 3.0 %

NYSEARCA SLV traded down $0.86 during trading on Monday, hitting $27.61. 7,665,634 shares of the company traded hands, compared to its average volume of 22,307,748. The company has a market capitalization of $12.96 billion, a P/E ratio of -7.01 and a beta of 0.43. The business has a fifty day simple moving average of $28.99 and a 200 day simple moving average of $27.62. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $31.80.

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.