iShares Silver Trust (NYSEARCA:SLV) Shares Acquired by Laidlaw Wealth Management LLC

Laidlaw Wealth Management LLC lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 4.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 65,484 shares of the exchange traded fund’s stock after acquiring an additional 2,555 shares during the period. Laidlaw Wealth Management LLC’s holdings in iShares Silver Trust were worth $1,724,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Proactive Wealth Strategies LLC grew its position in shares of iShares Silver Trust by 43.1% in the 4th quarter. Proactive Wealth Strategies LLC now owns 114,146 shares of the exchange traded fund’s stock valued at $3,005,000 after buying an additional 34,403 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of iShares Silver Trust by 13.2% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,241 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 1,081 shares during the last quarter. Centerpoint Advisors LLC grew its position in shares of iShares Silver Trust by 37.0% in the 4th quarter. Centerpoint Advisors LLC now owns 6,850 shares of the exchange traded fund’s stock valued at $180,000 after buying an additional 1,850 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of iShares Silver Trust by 1.2% in the 4th quarter. D.A. Davidson & CO. now owns 117,820 shares of the exchange traded fund’s stock valued at $3,102,000 after buying an additional 1,351 shares during the last quarter. Finally, Empower Advisory Group LLC purchased a new position in shares of iShares Silver Trust in the 4th quarter valued at $221,000.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $29.91 on Wednesday. iShares Silver Trust has a 1 year low of $20.45 and a 1 year high of $31.80. The company has a market capitalization of $14.04 billion, a P/E ratio of -7.01 and a beta of 0.43. The company’s fifty day moving average is $27.89 and its two-hundred day moving average is $27.92.

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.