McClarren Financial Advisors Inc. Has $26,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

McClarren Financial Advisors Inc. increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 3,471.4% in the fourth quarter, HoldingsChannel reports. The firm owned 1,000 shares of the exchange traded fund’s stock after purchasing an additional 972 shares during the period. McClarren Financial Advisors Inc.’s holdings in iShares Silver Trust were worth $26,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Eagle Bay Advisors LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter worth about $25,000. Key Client Fiduciary Advisors LLC lifted its holdings in iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 4,825 shares during the last quarter. Spartan Fund Management Inc. bought a new stake in iShares Silver Trust during the third quarter worth approximately $28,000. Stonebridge Financial Group LLC acquired a new position in iShares Silver Trust during the fourth quarter valued at approximately $29,000. Finally, Jamison Private Wealth Management Inc. bought a new position in shares of iShares Silver Trust in the third quarter valued at approximately $31,000.

iShares Silver Trust Trading Up 1.2 %

NYSEARCA SLV opened at $29.34 on Thursday. iShares Silver Trust has a 1 year low of $20.11 and a 1 year high of $31.80. The company has a fifty day simple moving average of $27.82 and a 200 day simple moving average of $27.81. The company has a market cap of $13.77 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.