TD Waterhouse Canada Inc. lessened its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 4.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 337,243 shares of the exchange traded fund’s stock after selling 14,236 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in iShares Silver Trust were worth $18,088,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the company. Tableaux LLC bought a new stake in iShares Silver Trust in the fourth quarter worth $133,233,000. Bank of Montreal Can lifted its position in iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the last quarter. Focus Partners Wealth lifted its position in iShares Silver Trust by 480.3% during the fourth quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock valued at $47,936,000 after purchasing an additional 615,902 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares Silver Trust by 27.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after buying an additional 573,660 shares in the last quarter. Finally, Walser Wealth Management Company A Ltd Liability Co purchased a new position in shares of iShares Silver Trust in the 4th quarter worth $36,485,000.
iShares Silver Trust Stock Down 1.2%
iShares Silver Trust stock opened at $59.82 on Friday. The company’s 50-day moving average price is $56.04 and its 200-day moving average price is $64.19. The company has a market cap of $31.95 billion, a PE ratio of -8.51 and a beta of 0.53. iShares Silver Trust has a twelve month low of $36.97 and a twelve month high of $109.83.
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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