WealthTrust Asset Management LLC Reduces Holdings in iShares Silver Trust (NYSEARCA:SLV)

WealthTrust Asset Management LLC lowered its position in iShares Silver Trust (NYSEARCA:SLV) by 2.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,360 shares of the exchange traded fund’s stock after selling 1,152 shares during the quarter. iShares Silver Trust comprises about 0.8% of WealthTrust Asset Management LLC’s portfolio, making the stock its 29th largest position. WealthTrust Asset Management LLC’s holdings in iShares Silver Trust were worth $1,072,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AlphaMark Advisors LLC boosted its holdings in iShares Silver Trust by 57.2% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 372 shares during the period. Whittier Trust Co. boosted its stake 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 purchasing an additional 394 shares during the period. Durante & Waters LLC grew its holdings in shares of iShares Silver Trust by 3.4% in the second quarter. Durante & Waters LLC now owns 11,895 shares of the exchange traded fund’s stock worth $316,000 after purchasing an additional 395 shares during the last quarter. Van Hulzen Asset Management LLC increased its stake in iShares Silver Trust by 1.3% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 35,388 shares of the exchange traded fund’s stock worth $940,000 after buying an additional 450 shares during the period. Finally, Vima LLC lifted its holdings in iShares Silver Trust by 6.0% during the 2nd quarter. Vima LLC now owns 8,044 shares of the exchange traded fund’s stock valued at $214,000 after buying an additional 452 shares in the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $28.09 on Friday. The stock has a market cap of $13.18 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The firm has a 50-day moving average of $26.44 and a two-hundred day moving average of $25.92. iShares Silver Trust has a 1 year low of $18.97 and a 1 year high of $29.56.

iShares Silver Trust 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.