PCG Wealth Advisors LLC Buys 10,638 Shares of iShares Silver Trust $SLV

PCG Wealth Advisors LLC raised its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 62.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 27,711 shares of the exchange traded fund’s stock after buying an additional 10,638 shares during the period. PCG Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $1,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SLV. Teacher Retirement System of Texas boosted its holdings in shares of iShares Silver Trust by 259.9% during the 4th quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock worth $90,188,000 after buying an additional 1,011,000 shares during the period. Quadrature Capital Ltd lifted its position in iShares Silver Trust by 1,691.5% during the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after acquiring an additional 906,747 shares during the last quarter. Mainstay Capital Management LLC ADV boosted its holdings in shares of iShares Silver Trust by 478.6% during the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after acquiring an additional 827,089 shares during the period. Briaud Financial Planning Inc grew its position in shares of iShares Silver Trust by 5,493.2% in the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after purchasing an additional 609,960 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after purchasing an additional 573,660 shares during the last quarter.

Key iShares Silver Trust News

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iShares Silver Trust Trading Down 4.8%

NYSEARCA:SLV opened at $75.51 on Friday. The stock has a market cap of $42.74 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock has a 50 day simple moving average of $69.96 and a 200 day simple moving average of $66.58. iShares Silver Trust has a 1-year low of $29.09 and a 1-year high of $109.83.

About iShares Silver Trust

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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