iShares Silver Trust (NYSEARCA:SLV) Shares Purchased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 9.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 88,192 shares of the exchange traded fund’s stock after buying an additional 7,321 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares Silver Trust were worth $2,322,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Prosperity Financial Group Inc. grew its holdings in shares of iShares Silver Trust by 3.6% during the 4th quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 349 shares during the period. Riggs Asset Managment Co. Inc. grew its holdings in shares of iShares Silver Trust by 4.3% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock worth $234,000 after purchasing an additional 364 shares during the period. Redhawk Wealth Advisors Inc. grew its holdings in shares of iShares Silver Trust by 4.6% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after purchasing an additional 372 shares during the period. Raymond James Trust N.A. grew its holdings in shares of iShares Silver Trust by 3.1% during the 3rd quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 383 shares during the period. Finally, Strategic Blueprint LLC grew its holdings in shares of iShares Silver Trust by 4.3% during the 4th quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after purchasing an additional 392 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $30.71 on Monday. iShares Silver Trust has a 1 year low of $22.29 and a 1 year high of $31.80. The stock has a market capitalization of $14.69 billion, a P/E ratio of -8.87 and a beta of 0.73. The stock has a 50-day simple moving average of $28.73 and a 200-day simple moving average of $28.37.

iShares Silver Trust 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.