Avantax Advisory Services Inc. lifted its position in iShares Silver Trust (NYSEARCA:SLV) by 149.0% during the 3rd quarter, Holdings Channel reports. The firm owned 133,524 shares of the exchange traded fund’s stock after acquiring an additional 79,901 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares Silver Trust were worth $2,898,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of SLV. Private Advisor Group LLC grew its holdings in shares of iShares Silver Trust by 568.0% in the second quarter. Private Advisor Group LLC now owns 3,133,729 shares of the exchange traded fund’s stock worth $36,862,000 after purchasing an additional 2,664,636 shares during the last quarter. Toronto Dominion Bank boosted its holdings in iShares Silver Trust by 364.9% in the second quarter. Toronto Dominion Bank now owns 2,092,094 shares of the exchange traded fund’s stock valued at $35,586,000 after acquiring an additional 1,642,094 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in iShares Silver Trust in the second quarter valued at $17,685,000. Neuberger Berman Group LLC boosted its holdings in iShares Silver Trust by 348.8% in the second quarter. Neuberger Berman Group LLC now owns 1,313,217 shares of the exchange traded fund’s stock valued at $22,338,000 after acquiring an additional 1,020,642 shares in the last quarter. Finally, Alberta Investment Management Corp bought a new stake in iShares Silver Trust in the second quarter valued at $17,010,000.
NYSEARCA:SLV opened at $22.42 on Friday. The firm’s fifty day simple moving average is $23.74 and its 200 day simple moving average is $19.19. iShares Silver Trust has a twelve month low of $10.86 and a twelve month high of $27.39.
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.
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