Wedbush Securities Inc. Lowers Position in iShares Silver Trust $SLV

Wedbush Securities Inc. trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 22.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,718 shares of the exchange traded fund’s stock after selling 12,709 shares during the period. Wedbush Securities Inc.’s holdings in iShares Silver Trust were worth $1,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Savant Capital LLC lifted its position in shares of iShares Silver Trust by 8.9% in the 2nd quarter. Savant Capital LLC now owns 19,101 shares of the exchange traded fund’s stock worth $627,000 after purchasing an additional 1,567 shares during the period. Valtinson Bruner Financial Planning LLC increased its holdings in iShares Silver Trust by 7.7% during the second quarter. Valtinson Bruner Financial Planning LLC now owns 6,998 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 500 shares during the period. Modera Wealth Management LLC increased its holdings in iShares Silver Trust by 46.9% during the second quarter. Modera Wealth Management LLC now owns 10,896 shares of the exchange traded fund’s stock valued at $357,000 after buying an additional 3,481 shares during the period. Golden State Wealth Management LLC raised its stake in iShares Silver Trust by 9.5% in the second quarter. Golden State Wealth Management LLC now owns 13,043 shares of the exchange traded fund’s stock worth $428,000 after buying an additional 1,137 shares in the last quarter. Finally, DDFG Inc lifted its holdings in iShares Silver Trust by 10.8% during the second quarter. DDFG Inc now owns 20,485 shares of the exchange traded fund’s stock worth $672,000 after buying an additional 2,000 shares during the period.

iShares Silver Trust Trading Up 0.8%

Shares of NYSEARCA SLV opened at $43.92 on Monday. iShares Silver Trust has a 12-month low of $26.19 and a 12-month high of $49.25. The stock’s fifty day simple moving average is $42.01 and its two-hundred day simple moving average is $35.99. The stock has a market capitalization of $23.66 billion, a PE 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.