HBW Advisory Services LLC Buys 728 Shares of iShares Silver Trust (NYSEARCA:SLV)

HBW Advisory Services LLC grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,707 shares of the exchange traded fund’s stock after buying an additional 728 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares Silver Trust were worth $446,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SLV. CIBC Private Wealth Group LLC lifted its stake in iShares Silver Trust by 38.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 69,019 shares of the exchange traded fund’s stock worth $1,503,000 after purchasing an additional 19,255 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in iShares Silver Trust by 11.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 147,247 shares of the exchange traded fund’s stock worth $3,207,000 after buying an additional 15,442 shares in the last quarter. Cetera Advisor Networks LLC grew its position in iShares Silver Trust by 4.9% during the fourth quarter. Cetera Advisor Networks LLC now owns 612,020 shares of the exchange traded fund’s stock valued at $13,330,000 after acquiring an additional 28,842 shares during the last quarter. Cibc World Markets Corp bought a new position in iShares Silver Trust during the fourth quarter valued at approximately $7,351,000. Finally, Security National Bank purchased a new position in shares of iShares Silver Trust during the fourth quarter worth approximately $106,000.

iShares Silver Trust Stock Up 0.4 %

Shares of iShares Silver Trust stock traded up $0.13 during trading on Friday, reaching $29.36. The company’s stock had a trading volume of 39,104,902 shares, compared to its average volume of 22,523,434. iShares Silver Trust has a 52-week low of $18.98 and a 52-week high of $30.07. The firm’s 50-day moving average is $26.84 and its two-hundred day moving average is $26.43. The company has a market cap of $13.78 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.