J.W. Cole Advisors Inc. Has $9.84 Million Stake in iShares Silver Trust $SLV

J.W. Cole Advisors Inc. lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 52.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 152,753 shares of the exchange traded fund’s stock after purchasing an additional 52,236 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Silver Trust were worth $9,840,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Sarver Vrooman Wealth Advisors acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $30,000. Rialto Wealth Management LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $33,000. BOK Financial Private Wealth Inc. bought a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $34,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of iShares Silver Trust by 274.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 425 shares during the period. Finally, Bangor Savings Bank bought a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $38,000.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $66.98 on Friday. The company has a market capitalization of $37.91 billion, a PE ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a one year low of $32.06 and a one year high of $109.83. The business has a 50 day simple moving average of $68.89 and a 200 day simple moving average of $69.08.

iShares Silver Trust Company 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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.