Mid American Wealth Advisory Group Inc. Has $334,000 Stake in iShares Silver Trust (NYSEARCA:SLV)

Mid American Wealth Advisory Group Inc. lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 16,082 shares of the exchange traded fund’s stock after selling 605 shares during the quarter. Mid American Wealth Advisory Group Inc.’s holdings in iShares Silver Trust were worth $334,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. VisionPoint Advisory Group LLC acquired a new position in shares of iShares Silver Trust in the 3rd quarter valued at approximately $25,000. BluePath Capital Management LLC bought a new stake in iShares Silver Trust during the third quarter worth $26,000. Asset Dedication LLC boosted its holdings in shares of iShares Silver Trust by 180.5% in the 3rd quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 928 shares in the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in shares of iShares Silver Trust in the 4th quarter valued at $34,000. Finally, BKM Wealth Management LLC bought a new position in shares of iShares Silver Trust in the 4th quarter valued at $38,000.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock traded down $0.07 during trading on Monday, reaching $24.82. 21,963,870 shares of the company’s stock were exchanged, compared to its average volume of 23,952,104. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $27.24. The company has a market cap of $11.78 billion, a P/E ratio of -7.62 and a beta of 0.46. The firm’s 50-day moving average price is $23.26 and its 200 day moving average price is $21.98.

iShares Silver Trust Profile

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.