Axxcess Wealth Management LLC Grows Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Axxcess Wealth Management LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 16.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 99,557 shares of the exchange traded fund’s stock after purchasing an additional 14,066 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Silver Trust were worth $2,621,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Quadrature Capital Ltd acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth about $91,122,000. Toronto Dominion Bank boosted its holdings in iShares Silver Trust by 18.6% in the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after purchasing an additional 358,806 shares in the last quarter. Raymond James Financial Inc. purchased a new position in iShares Silver Trust in the fourth quarter valued at approximately $57,303,000. Proficio Capital Partners LLC increased its stake in iShares Silver Trust by 715.2% in the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after purchasing an additional 1,858,658 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in iShares Silver Trust by 3.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,939,706 shares of the exchange traded fund’s stock worth $51,072,000 after purchasing an additional 63,810 shares in the last quarter.

iShares Silver Trust Trading Up 0.1 %

Shares of iShares Silver Trust stock opened at $30.85 on Wednesday. The company has a fifty day simple moving average of $28.87 and a 200-day simple moving average of $28.43. iShares Silver Trust has a 12-month low of $22.29 and a 12-month high of $31.80. The stock has a market cap of $14.76 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73.

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.