180 Wealth Advisors LLC Buys Shares of 9,597 iShares Silver Trust (NYSEARCA:SLV)

180 Wealth Advisors LLC bought a new position in iShares Silver Trust (NYSEARCA:SLV) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,597 shares of the exchange traded fund’s stock, valued at approximately $218,000.

A number of other institutional investors and hedge funds have also modified their holdings of SLV. VisionPoint Advisory Group LLC acquired a new stake in shares of iShares Silver Trust in the 3rd quarter valued at $25,000. Transcendent Capital Group LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth about $26,000. Tennessee Valley Asset Management Partners bought a new stake in shares of iShares Silver Trust during the 4th quarter worth about $34,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the 4th quarter valued at about $34,000. Finally, BKM Wealth Management LLC bought a new position in shares of iShares Silver Trust in the 4th quarter valued at approximately $38,000.

iShares Silver Trust Stock Performance

SLV opened at $26.57 on Friday. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $29.56. The business has a 50 day moving average price of $26.65 and a 200 day moving average price of $23.67. The firm has a market cap of $12.47 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.