OneDigital Investment Advisors LLC Increases Position in iShares Silver Trust (NYSEARCA:SLV)

OneDigital Investment Advisors LLC increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 7.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 51,148 shares of the exchange traded fund’s stock after purchasing an additional 3,671 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in iShares Silver Trust were worth $1,453,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Jacobi Capital Management LLC acquired a new stake in shares of iShares Silver Trust in the first quarter valued at about $575,000. Pitcairn Co. purchased a new position in iShares Silver Trust in the 1st quarter valued at about $278,000. Evermay Wealth Management LLC boosted its holdings in iShares Silver Trust by 3,492.4% in the 1st quarter. Evermay Wealth Management LLC now owns 35,924 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 34,924 shares during the last quarter. Elgethun Capital Management purchased a new stake in iShares Silver Trust during the 1st quarter worth approximately $557,000. Finally, CreativeOne Wealth LLC raised its holdings in shares of iShares Silver Trust by 76.4% during the first quarter. CreativeOne Wealth LLC now owns 20,722 shares of the exchange traded fund’s stock valued at $471,000 after acquiring an additional 8,976 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $27.57 on Monday. The business has a fifty day moving average price of $28.82 and a 200 day moving average price of $27.49. The company has a market cap of $12.94 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.07 and a one year 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.