Forvis Mazars Wealth Advisors LLC Raises Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Forvis Mazars Wealth Advisors LLC boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,157 shares of the exchange traded fund’s stock after purchasing an additional 879 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $346,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SLV. Members Advisory Group LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter valued at about $2,876,000. WESPAC Advisors LLC increased its position in shares of iShares Silver Trust by 18.0% during the fourth quarter. WESPAC Advisors LLC now owns 24,103 shares of the exchange traded fund’s stock valued at $635,000 after acquiring an additional 3,673 shares during the last quarter. Wealthspire Advisors LLC increased its position in shares of iShares Silver Trust by 6.9% during the fourth quarter. Wealthspire Advisors LLC now owns 12,880 shares of the exchange traded fund’s stock valued at $339,000 after acquiring an additional 829 shares during the last quarter. Tradewinds Capital Management LLC increased its position in shares of iShares Silver Trust by 72.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 9,218 shares of the exchange traded fund’s stock valued at $243,000 after acquiring an additional 3,880 shares during the last quarter. Finally, Pinnacle Financial Partners Inc increased its position in shares of iShares Silver Trust by 5.4% during the fourth quarter. Pinnacle Financial Partners Inc now owns 23,369 shares of the exchange traded fund’s stock valued at $621,000 after acquiring an additional 1,200 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $29.44 on Tuesday. iShares Silver Trust has a 1-year low of $20.45 and a 1-year high of $31.80. The stock has a market cap of $13.82 billion, a PE ratio of -7.01 and a beta of 0.43. The firm has a 50-day simple moving average of $28.01 and a two-hundred day simple moving average of $28.06.

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.