GPS Wealth Strategies Group LLC Purchases 2,136 Shares of iShares Silver Trust (NYSEARCA:SLV)

GPS Wealth Strategies Group LLC increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 109.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,081 shares of the exchange traded fund’s stock after buying an additional 2,136 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in iShares Silver Trust were worth $107,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Riggs Asset Managment Co. Inc. increased its stake in iShares Silver Trust by 4.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock worth $234,000 after buying an additional 364 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in shares of iShares Silver Trust by 279.0% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 98,809 shares of the exchange traded fund’s stock valued at $2,602,000 after acquiring an additional 72,739 shares during the last quarter. Spire Wealth Management increased its holdings in shares of iShares Silver Trust by 24.4% in the 4th quarter. Spire Wealth Management now owns 24,813 shares of the exchange traded fund’s stock worth $653,000 after buying an additional 4,862 shares during the last quarter. Journey Strategic Wealth LLC raised its position in iShares Silver Trust by 30.3% during the fourth quarter. Journey Strategic Wealth LLC now owns 13,769 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 3,205 shares during the period. Finally, Independence Bank of Kentucky lifted its position in iShares Silver Trust by 52.8% in the fourth quarter. Independence Bank of Kentucky now owns 3,515 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 1,215 shares during the last quarter.

iShares Silver Trust Stock Up 0.6 %

NYSEARCA SLV opened at $28.67 on Tuesday. iShares Silver Trust has a 52 week low of $20.11 and a 52 week high of $31.80. The firm has a market capitalization of $13.46 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company has a fifty day moving average of $27.64 and a two-hundred day moving average of $27.67.

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.