Mayflower Financial Advisors LLC Purchases 1,051 Shares of iShares Silver Trust (NYSEARCA:SLV)

Mayflower Financial Advisors LLC increased its position in iShares Silver Trust (NYSEARCA:SLV) by 12.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,424 shares of the exchange traded fund’s stock after acquiring an additional 1,051 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares Silver Trust were worth $248,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SLV. Ironwood Wealth Management LLC. purchased a new stake in shares of iShares Silver Trust during the 2nd quarter valued at about $202,000. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Silver Trust by 28.2% in the second quarter. Thrivent Financial for Lutherans now owns 71,654 shares of the exchange traded fund’s stock worth $1,904,000 after buying an additional 15,750 shares during the last quarter. Cetera Investment Advisers grew its position in iShares Silver Trust by 14.5% during the second quarter. Cetera Investment Advisers now owns 935,476 shares of the exchange traded fund’s stock valued at $24,856,000 after buying an additional 118,715 shares during the period. Strategic Investment Solutions Inc. IL purchased a new stake in iShares Silver Trust during the second quarter valued at approximately $224,000. Finally, Sanctuary Advisors LLC bought a new position in iShares Silver Trust in the second quarter worth approximately $1,660,000.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $28.00 on Thursday. The stock has a market capitalization of $13.14 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1-year low of $20.11 and a 1-year high of $31.80. The company’s fifty day simple moving average is $27.60 and its 200-day simple moving average is $27.66.

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.