Western Wealth Management LLC boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 9.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,080 shares of the exchange traded fund’s stock after purchasing an additional 1,698 shares during the period. Western Wealth Management LLC’s holdings in iShares Silver Trust were worth $626,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the company. MTM Investment Management LLC acquired a new position in shares of iShares Silver Trust during the second quarter worth about $148,000. Firestone Capital Management raised its position in iShares Silver Trust by 32.3% in the 2nd quarter. Firestone Capital Management now owns 15,398 shares of the exchange traded fund’s stock valued at $505,000 after buying an additional 3,758 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in iShares Silver Trust by 23.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 223,657 shares of the exchange traded fund’s stock valued at $7,338,000 after acquiring an additional 42,415 shares in the last quarter. Itau Unibanco Holding S.A. lifted its stake in iShares Silver Trust by 1,252.9% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 69,026 shares of the exchange traded fund’s stock valued at $2,265,000 after acquiring an additional 75,013 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in iShares Silver Trust by 32.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 130,316 shares of the exchange traded fund’s stock worth $4,276,000 after acquiring an additional 31,633 shares during the last quarter.
iShares Silver Trust Stock Down 1.1%
Shares of SLV opened at $45.47 on Tuesday. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $49.25. The stock has a market capitalization of $24.50 billion, a P/E ratio of -8.51 and a beta of 0.38. The company has a 50 day moving average of $43.15 and a 200-day moving average of $36.69.
iShares Silver Trust Company 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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