C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Boosts Holdings in iShares Silver Trust $SLV

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in iShares Silver Trust (NYSEARCA:SLV) by 47.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 29,015 shares of the exchange traded fund’s stock after acquiring an additional 9,384 shares during the quarter. 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.

Other institutional investors also recently bought and sold shares of the company. Quadrature Capital Ltd raised its holdings in iShares Silver Trust by 1,691.5% in the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after buying an additional 906,747 shares during the last quarter. Mainstay Capital Management LLC ADV grew its holdings in shares of iShares Silver Trust by 478.6% during the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock valued at $42,365,000 after buying an additional 827,089 shares during the last quarter. 1832 Asset Management L.P. purchased a new stake in shares of iShares Silver Trust during the second quarter valued at approximately $26,643,000. Briaud Financial Planning Inc increased its position in shares of iShares Silver Trust by 5,493.2% during the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after acquiring an additional 609,960 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in iShares Silver Trust by 27.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after acquiring an additional 573,660 shares during the last quarter.

iShares Silver Trust Stock Performance

SLV stock opened at $65.79 on Friday. The stock has a market capitalization of $37.24 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83. The stock’s 50 day simple moving average is $74.57 and its 200 day simple moving average is $61.17.

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. 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.