Whitaker Myers Wealth Managers LTD. Has $267,000 Position in iShares Silver Trust $SLV

Whitaker Myers Wealth Managers LTD. lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 16.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,137 shares of the exchange traded fund’s stock after selling 1,559 shares during the period. Whitaker Myers Wealth Managers LTD.’s holdings in iShares Silver Trust were worth $267,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SLV. Toronto Dominion Bank boosted its stake in shares of iShares Silver Trust by 89.2% during the 4th quarter. Toronto Dominion Bank now owns 4,321,293 shares of the exchange traded fund’s stock valued at $122,646,000 after buying an additional 2,037,487 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of iShares Silver Trust by 127.3% in the 1st quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock valued at $80,514,000 after purchasing an additional 1,460,084 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Silver Trust by 13.4% in the 1st quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock valued at $242,725,000 after purchasing an additional 924,353 shares during the last quarter. Carrhae Capital LLP acquired a new position in iShares Silver Trust during the 1st quarter worth $17,880,000. Finally, Kaydan Wealth Management Inc. acquired a new position in iShares Silver Trust during the 1st quarter worth $15,050,000.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $38.34 on Friday. The firm’s 50-day moving average is $35.10 and its 200-day moving average is $32.11. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $38.45. The company has a market cap of $20.58 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59.

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.