Walser Wealth Management Company A Ltd Liability Co Sells 158,835 Shares of iShares Silver Trust $SLV

Walser Wealth Management Company A Ltd Liability Co lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 28.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 407,531 shares of the exchange traded fund’s stock after selling 158,835 shares during the quarter. iShares Silver Trust comprises approximately 12.5% of Walser Wealth Management Company A Ltd Liability Co’s investment portfolio, making the stock its 2nd biggest holding. Walser Wealth Management Company A Ltd Liability Co’s holdings in iShares Silver Trust were worth $27,769,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. FARMERS & MERCHANTS TRUST Co OF LONG BEACH acquired a new position in iShares Silver Trust during the 1st quarter valued at about $2,762,000. Ameliora Wealth Management Ltd. grew its position in shares of iShares Silver Trust by 15.4% during the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after buying an additional 11,563 shares during the period. Prime Capital Investment Advisors LLC grew its position in shares of iShares Silver Trust by 33.1% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after buying an additional 9,391 shares during the period. Sound Income Strategies LLC raised its stake in shares of iShares Silver Trust by 268.2% during the fourth quarter. Sound Income Strategies LLC now owns 25,112 shares of the exchange traded fund’s stock worth $1,618,000 after buying an additional 18,291 shares during the last quarter. Finally, Finer Wealth Management Inc. bought a new stake in shares of iShares Silver Trust during the fourth quarter worth approximately $709,000.

iShares Silver Trust Stock Performance

SLV traded down $1.08 during trading on Tuesday, reaching $55.03. 4,793,355 shares of the company’s stock were exchanged, compared to its average volume of 60,910,965. The company’s fifty day moving average price is $64.34 and its 200-day moving average price is $70.06. The firm has a market capitalization of $29.39 billion, a PE ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a fifty-two week low of $32.96 and a fifty-two week high of $109.83.

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. 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.