Prospera Financial Services Inc Acquires 42,065 Shares of iShares Silver Trust $SLV

Prospera Financial Services Inc grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 29.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 185,333 shares of the exchange traded fund’s stock after acquiring an additional 42,065 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares Silver Trust were worth $6,081,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Silver Trust by 6.7% in the first quarter. Envestnet Asset Management Inc. now owns 1,076,568 shares of the exchange traded fund’s stock valued at $33,363,000 after purchasing an additional 68,041 shares during the period. Apella Capital LLC bought a new stake in iShares Silver Trust during the 2nd quarter valued at $291,000. Deutsche Bank AG purchased a new stake in shares of iShares Silver Trust in the 1st quarter worth $87,000. OneAscent Financial Services LLC grew its position in shares of iShares Silver Trust by 5.1% during the 1st quarter. OneAscent Financial Services LLC now owns 10,310 shares of the exchange traded fund’s stock worth $317,000 after buying an additional 497 shares in the last quarter. Finally, Welch Group LLC grew its position in shares of iShares Silver Trust by 20.8% during the 2nd quarter. Welch Group LLC now owns 26,043 shares of the exchange traded fund’s stock worth $854,000 after buying an additional 4,476 shares in the last quarter.

iShares Silver Trust Trading Up 0.8%

Shares of iShares Silver Trust stock opened at $43.92 on Friday. The stock’s fifty day moving average price is $42.01 and its 200-day moving average price is $35.95. The firm has a market cap of $23.66 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $49.25.

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.