iShares Silver Trust $SLV Position Increased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 12.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 97,764 shares of the exchange traded fund’s stock after buying an additional 11,131 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Silver Trust were worth $6,662,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Duncker Streett & Co. Inc. increased its position in shares of iShares Silver Trust by 36.1% in the first quarter. Duncker Streett & Co. Inc. now owns 1,607 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 426 shares in the last quarter. Hoey Investments Inc. lifted its holdings in shares of iShares Silver Trust by 29.4% in the first quarter. Hoey Investments Inc. now owns 46,184 shares of the exchange traded fund’s stock valued at $3,147,000 after purchasing an additional 10,485 shares in the last quarter. Clare Market Investments LLC acquired a new stake in shares of iShares Silver Trust in the first quarter worth $2,495,000. Integrated Advisors Network LLC grew its holdings in shares of iShares Silver Trust by 4.9% during the first quarter. Integrated Advisors Network LLC now owns 62,357 shares of the exchange traded fund’s stock valued at $4,249,000 after buying an additional 2,906 shares in the last quarter. Finally, Interactive Financial Advisors Inc. raised its position in iShares Silver Trust by 2.5% during the first quarter. Interactive Financial Advisors Inc. now owns 6,685 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 164 shares during the period.

iShares Silver Trust Trading Down 2.9%

Shares of iShares Silver Trust stock opened at $54.46 on Wednesday. iShares Silver Trust has a 1 year low of $32.96 and a 1 year high of $109.83. The company has a market cap of $29.09 billion, a P/E ratio of -8.51 and a beta of 0.49. The stock has a 50-day moving average price of $64.05 and a 200 day moving average price of $70.02.

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. 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.