MinichMacGregor Wealth Management LLC Sells 5,776 Shares of iShares Silver Trust (NYSEARCA:SLV)

MinichMacGregor Wealth Management LLC trimmed its position in iShares Silver Trust (NYSEARCA:SLV) by 2.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,267 shares of the exchange traded fund’s stock after selling 5,776 shares during the period. MinichMacGregor Wealth Management LLC’s holdings in iShares Silver Trust were worth $6,116,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SLV. Whitaker Myers Wealth Managers LTD. boosted its position in shares of iShares Silver Trust by 3.1% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 11,339 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 340 shares in the last quarter. Moloney Securities Asset Management LLC boosted its holdings in iShares Silver Trust by 3.3% in the third quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 356 shares in the last quarter. Columbus Macro LLC boosted its holdings in iShares Silver Trust by 1.8% in the third quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock worth $588,000 after acquiring an additional 368 shares in the last quarter. AlphaMark Advisors LLC grew its stake in shares of iShares Silver Trust by 57.2% during the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 372 shares during the last quarter. Finally, Whittier Trust Co. increased its holdings in shares of iShares Silver Trust by 1.7% during the second quarter. Whittier Trust Co. now owns 23,650 shares of the exchange traded fund’s stock valued at $628,000 after acquiring an additional 394 shares in the last quarter.

iShares Silver Trust Stock Up 0.7 %

Shares of iShares Silver Trust stock traded up $0.20 during midday trading on Tuesday, hitting $29.83. The company had a trading volume of 2,895,203 shares, compared to its average volume of 22,614,012. The stock has a market cap of $14.00 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80. The company has a fifty day simple moving average of $28.45 and a 200 day simple moving average of $27.27.

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.