13,828 Shares in iShares Silver Trust (NYSEARCA:SLV) Purchased by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,828 shares of the exchange traded fund’s stock, valued at approximately $393,000.

Several other large investors have also recently bought and sold shares of SLV. Meitav Investment House Ltd. acquired a new position in shares of iShares Silver Trust in the 2nd quarter valued at $45,688,000. DRW Securities LLC boosted its holdings in shares of iShares Silver Trust by 1,019.8% in the third quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after buying an additional 764,813 shares during the period. RIA Advisory Group LLC purchased a new position in shares of iShares Silver Trust in the third quarter worth approximately $20,773,000. Cetera Investment Advisers raised its holdings in shares of iShares Silver Trust by 842.7% during the first quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock valued at $18,581,000 after acquiring an additional 730,121 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in iShares Silver Trust by 3,449.3% in the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after purchasing an additional 524,609 shares during the period.

iShares Silver Trust Price Performance

NYSEARCA SLV traded down $0.86 on Monday, hitting $27.61. 7,665,634 shares of the stock were exchanged, compared to its average volume of 22,307,748. The company’s 50-day moving average price is $28.99 and its two-hundred day moving average price is $27.62. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The company has a market capitalization of $12.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.