Welch Group LLC Grows Stake in iShares Silver Trust (NYSEARCA:SLV)

Welch Group LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,862 shares of the exchange traded fund’s stock after buying an additional 698 shares during the quarter. Welch Group LLC’s holdings in iShares Silver Trust were worth $564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hibernia Wealth Partners LLC grew its position in shares of iShares Silver Trust by 23.1% in the 3rd quarter. Hibernia Wealth Partners LLC now owns 24,774 shares of the exchange traded fund’s stock worth $704,000 after buying an additional 4,644 shares during the period. Kercheville Advisors LLC raised its stake in shares of iShares Silver Trust by 89.5% in the third quarter. Kercheville Advisors LLC now owns 54,400 shares of the exchange traded fund’s stock worth $1,546,000 after purchasing an additional 25,700 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in iShares Silver Trust by 67.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 63,477 shares of the exchange traded fund’s stock worth $1,803,000 after buying an additional 25,456 shares during the last quarter. Clear Harbor Asset Management LLC bought a new position in iShares Silver Trust during the third quarter valued at approximately $927,000. Finally, PFG Investments LLC lifted its holdings in shares of iShares Silver Trust by 27.0% during the 3rd quarter. PFG Investments LLC now owns 37,172 shares of the exchange traded fund’s stock valued at $1,056,000 after buying an additional 7,905 shares during the period.

iShares Silver Trust Stock Up 0.4 %

NYSEARCA:SLV traded up $0.12 on Monday, hitting $30.75. The stock had a trading volume of 5,146,874 shares, compared to its average volume of 22,651,959. The stock has a market cap of $14.43 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business’s 50-day simple moving average is $28.05 and its two-hundred day simple moving average is $27.09. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80.

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.