Ehrlich Financial Group Sells 400 Shares of iShares Silver Trust (NYSEARCA:SLV)

Ehrlich Financial Group reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 1.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 32,784 shares of the exchange traded fund’s stock after selling 400 shares during the period. Ehrlich Financial Group’s holdings in iShares Silver Trust were worth $863,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Whitaker Myers Wealth Managers LTD. boosted its holdings in 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 buying an additional 340 shares during the period. Moloney Securities Asset Management LLC boosted its holdings in shares of 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 during the period. Columbus Macro LLC grew its position in shares of 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 valued at $588,000 after purchasing an additional 368 shares in the last quarter. Raymond James Trust N.A. raised its stake in shares of iShares Silver Trust by 3.1% during the 3rd quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock valued at $366,000 after purchasing an additional 383 shares during the period. Finally, Alpha Cubed Investments LLC lifted its holdings in iShares Silver Trust by 5.1% during the 3rd quarter. Alpha Cubed Investments LLC now owns 8,106 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 395 shares in the last quarter.

iShares Silver Trust Price Performance

SLV stock traded down $0.65 during mid-day trading on Monday, reaching $26.96. 16,921,003 shares of the company traded hands, compared to its average volume of 15,048,879. The company has a fifty day moving average price of $27.79 and a 200-day moving average price of $27.65. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The company has a market capitalization of $12.65 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.