iShares Silver Trust (NYSEARCA:SLV) Stake Boosted by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. raised its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 7.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,610 shares of the exchange traded fund’s stock after buying an additional 973 shares during the quarter. Foguth Wealth Management LLC.’s holdings in iShares Silver Trust were worth $380,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in iShares Silver Trust in the 4th quarter worth about $25,000. Key Client Fiduciary Advisors LLC increased its holdings in shares of iShares Silver Trust by 406.5% in the 4th 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 during the period. Spartan Fund Management Inc. purchased a new stake in shares of iShares Silver Trust in the third quarter worth approximately $28,000. Jamison Private Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust during the third quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth approximately $35,000.

iShares Silver Trust Stock Up 1.9 %

iShares Silver Trust stock opened at $29.22 on Wednesday. iShares Silver Trust has a 12 month low of $20.11 and a 12 month high of $31.80. The stock has a market cap of $13.71 billion, a P/E ratio of -7.01 and a beta of 0.43. The company’s fifty day simple moving average is $27.67 and its 200-day simple moving average is $27.69.

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.