Whittier Trust Co. of Nevada Inc. Has $1.80 Million Stock Position in iShares Silver Trust $SLV

Whittier Trust Co. of Nevada Inc. increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 35.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,451 shares of the exchange traded fund’s stock after purchasing an additional 10,750 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Silver Trust were worth $1,804,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SLV. Center for Financial Planning Inc. acquired a new position in shares of iShares Silver Trust during the 2nd quarter valued at about $25,000. Addison Advisors LLC acquired a new position in shares of iShares Silver Trust during the 2nd quarter worth about $31,000. Nexus Investment Management ULC boosted its stake in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 250 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in iShares Silver Trust in the 2nd quarter valued at approximately $38,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the second quarter worth approximately $39,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $92.91 on Monday. The company’s fifty day moving average is $63.15 and its two-hundred day moving average is $47.70. iShares Silver Trust has a 52-week low of $26.57 and a 52-week high of $92.98. The firm has a market capitalization of $53.45 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

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. 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.