WCG Wealth Advisors LLC Raises Stock Position in iShares Silver Trust (NYSEARCA:SLV)

WCG Wealth Advisors LLC grew its holdings in iShares Silver Trust (NYSEARCA:SLV) by 5.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,965 shares of the exchange traded fund’s stock after acquiring an additional 600 shares during the period. WCG Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $318,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SLV. NWI Management LP increased its stake in iShares Silver Trust by 10,526.6% during the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after buying an additional 5,263,305 shares during the period. Meitav Investment House Ltd. purchased a new stake in iShares Silver Trust during the 2nd quarter worth $45,688,000. Cetera Investment Advisers increased its stake in iShares Silver Trust by 842.7% during the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after buying an additional 730,121 shares during the period. RIA Advisory Group LLC increased its stake in iShares Silver Trust by 3,532.2% during the 1st quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock worth $16,786,000 after buying an additional 717,540 shares during the period. Finally, Caxton Associates LP purchased a new stake in iShares Silver Trust during the 1st quarter worth $10,506,000.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $28.41 on Friday. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $29.56. The company has a market capitalization of $13.33 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The firm’s fifty day moving average price is $26.44 and its 200 day moving average price is $25.98.

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.