Maridea Wealth Management LLC Acquires New Shares in iShares Silver Trust (NYSEARCA:SLV)

Maridea Wealth Management LLC bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 13,473 shares of the exchange traded fund’s stock, valued at approximately $355,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Prosperity Financial Group Inc. lifted its holdings in shares of iShares Silver Trust by 3.6% during the 4th quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock valued at $263,000 after purchasing an additional 349 shares in the last quarter. Banco BTG Pactual S.A. raised its holdings in iShares Silver Trust by 0.3% during the 4th quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock worth $3,220,000 after buying an additional 350 shares during the period. Riggs Asset Managment Co. Inc. lifted its stake in iShares Silver Trust by 4.3% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock valued at $234,000 after buying an additional 364 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in shares of iShares Silver Trust by 4.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock valued at $223,000 after buying an additional 372 shares during the period. Finally, Strategic Blueprint LLC increased its position in shares of iShares Silver Trust by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 392 shares in the last quarter.

iShares Silver Trust Stock Down 1.0 %

Shares of NYSEARCA:SLV opened at $31.00 on Friday. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 12 month low of $22.63 and a 12 month high of $31.80. The company’s fifty day simple moving average is $29.36 and its 200 day simple moving average is $28.67.

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.