Whitaker Myers Wealth Managers LTD. grew its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,339 shares of the exchange traded fund’s stock after purchasing an additional 340 shares during the period. Whitaker Myers Wealth Managers LTD.’s holdings in iShares Silver Trust were worth $322,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of SLV. Sovereign Financial Group Inc. purchased a new position in shares of iShares Silver Trust during the 1st quarter valued at $325,000. RFG Advisory LLC acquired a new stake in shares of iShares Silver Trust during the 1st quarter valued at about $1,362,000. Sequoia Financial Advisors LLC lifted its holdings in shares of iShares Silver Trust by 29.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock valued at $318,000 after buying an additional 2,749 shares during the last quarter. Atomi Financial Group Inc. grew its stake in shares of iShares Silver Trust by 7.9% in the 1st quarter. Atomi Financial Group Inc. now owns 12,176 shares of the exchange traded fund’s stock valued at $277,000 after buying an additional 888 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in iShares Silver Trust by 7.6% in the first quarter. Daiwa Securities Group Inc. now owns 26,750 shares of the exchange traded fund’s stock worth $609,000 after buying an additional 1,900 shares during the last quarter.
iShares Silver Trust Stock Up 6.1 %
SLV stock opened at $30.64 on Friday. The firm has a 50 day moving average of $27.52 and a two-hundred day moving average of $26.87. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $30.72. The company has a market capitalization of $14.38 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
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.
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