Pathway Financial Advisers LLC Grows Position in iShares Silver Trust (NYSEARCA:SLV)

Pathway Financial Advisers LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 8.4% during the 4th quarter, HoldingsChannel reports. The firm owned 5,174 shares of the exchange traded fund’s stock after acquiring an additional 400 shares during the period. Pathway Financial Advisers LLC’s holdings in iShares Silver Trust were worth $136,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Whitaker Myers Wealth Managers LTD. lifted its position in iShares Silver Trust by 3.1% during the third quarter. Whitaker Myers Wealth Managers LTD. now owns 11,339 shares of the exchange traded fund’s stock valued at $322,000 after buying an additional 340 shares during the period. Moloney Securities Asset Management LLC increased its stake in shares of iShares Silver Trust by 3.3% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 356 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its position 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 valued at $234,000 after acquiring an additional 364 shares during the period. Columbus Macro LLC boosted its stake in iShares Silver Trust by 1.8% during the third quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock worth $588,000 after acquiring an additional 368 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its stake in iShares Silver Trust by 4.6% during the fourth 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.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $29.46 on Friday. The company has a 50 day simple moving average of $27.84 and a two-hundred day simple moving average of $27.82. iShares Silver Trust has a fifty-two week low of $20.21 and a fifty-two week high of $31.80. The company has a market capitalization of $13.83 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.