TD Waterhouse Canada Inc. cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 4.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 337,243 shares of the exchange traded fund’s stock after selling 14,236 shares during the quarter. TD Waterhouse Canada Inc. owned approximately 0.06% of iShares Silver Trust worth $18,088,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in SLV. Concurrent Investment Advisors LLC lifted its holdings in iShares Silver Trust by 32.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 102,777 shares of the exchange traded fund’s stock worth $5,495,000 after purchasing an additional 25,431 shares in the last quarter. Power Wealth Management LLC grew its holdings in iShares Silver Trust by 156.2% during the 2nd quarter. Power Wealth Management LLC now owns 19,683 shares of the exchange traded fund’s stock valued at $1,052,000 after buying an additional 12,001 shares in the last quarter. KFG Wealth Management LLC raised its position in shares of iShares Silver Trust by 13.9% during the second quarter. KFG Wealth Management LLC now owns 11,285 shares of the exchange traded fund’s stock valued at $603,000 after buying an additional 1,373 shares during the last quarter. Strengthening Families & Communities LLC raised its position in shares of iShares Silver Trust by 9.8% during the second quarter. Strengthening Families & Communities LLC now owns 3,751 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 335 shares during the last quarter. Finally, Continuum Advisory LLC lifted its holdings in shares of iShares Silver Trust by 107.4% in the second quarter. Continuum Advisory LLC now owns 26,426 shares of the exchange traded fund’s stock worth $1,413,000 after buying an additional 13,683 shares in the last quarter.
iShares Silver Trust Stock Performance
Shares of NYSEARCA:SLV opened at $59.82 on Friday. The firm has a fifty day moving average price of $56.04 and a 200 day moving average price of $64.19. iShares Silver Trust has a fifty-two week low of $36.97 and a fifty-two week high of $109.83. The firm has a market cap of $31.95 billion, a price-to-earnings ratio of -8.51 and a beta of 0.53.
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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.
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