Petros Family Wealth LLC Acquires Shares of 8,315 iShares Silver Trust (NYSEARCA:SLV)

Petros Family Wealth LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,315 shares of the exchange traded fund’s stock, valued at approximately $219,000.

A number of other institutional investors also recently made changes to their positions in SLV. Prosperity Financial Group Inc. lifted its position in shares of iShares Silver Trust by 3.6% during the fourth quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 349 shares during the last quarter. Banco BTG Pactual S.A. raised its stake in iShares Silver Trust by 0.3% during the fourth quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock valued at $3,220,000 after buying an additional 350 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its holdings in iShares Silver Trust by 4.3% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock worth $234,000 after buying an additional 364 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in shares of iShares Silver Trust by 4.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after acquiring an additional 372 shares in the last quarter. Finally, Strategic Blueprint LLC increased its holdings in shares of iShares Silver Trust by 4.3% in the 4th quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock valued at $252,000 after acquiring an additional 392 shares during the last quarter.

iShares Silver Trust Trading Up 3.2 %

SLV stock opened at $29.19 on Friday. The stock’s 50 day simple moving average is $29.48 and its 200 day simple moving average is $28.72. iShares Silver Trust has a 12-month low of $23.87 and a 12-month high of $31.80. The firm has a market cap of $14.38 billion, a P/E ratio of -8.96 and a beta of 0.59.

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.