C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Increases Stock Position in iShares Silver Trust $SLV

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 47.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,015 shares of the exchange traded fund’s stock after buying an additional 9,384 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares Silver Trust were worth $1,869,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Boyce & Associates Wealth Consulting Inc. bought a new stake in iShares Silver Trust during the fourth quarter worth about $259,000. American National Bank & Trust increased its stake in shares of iShares Silver Trust by 96.7% during the fourth quarter. American National Bank & Trust now owns 590 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 290 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares Silver Trust by 27,651.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 24,976 shares of the exchange traded fund’s stock worth $1,609,000 after purchasing an additional 24,886 shares in the last quarter. SteelPeak Wealth LLC boosted its position in shares of iShares Silver Trust by 255.9% in the 4th quarter. SteelPeak Wealth LLC now owns 24,230 shares of the exchange traded fund’s stock worth $1,561,000 after purchasing an additional 17,422 shares in the last quarter. Finally, Aspire Capital Advisors LLC grew its stake in shares of iShares Silver Trust by 35.2% in the 4th quarter. Aspire Capital Advisors LLC now owns 9,513 shares of the exchange traded fund’s stock worth $613,000 after buying an additional 2,475 shares during the last quarter.

iShares Silver Trust Price Performance

SLV stock opened at $65.79 on Friday. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $109.83. The firm has a market cap of $37.24 billion, a PE ratio of -8.51 and a beta of 0.38. The business has a 50 day moving average of $74.57 and a 200 day moving average of $61.17.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.