O Domhnaill Enterprises Inc. Has $5.50 Million Stock Position in iShares Silver Trust $SLV

O Domhnaill Enterprises Inc. trimmed its holdings in iShares Silver Trust (NYSEARCA:SLV) by 41.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,759 shares of the exchange traded fund’s stock after selling 58,261 shares during the period. iShares Silver Trust comprises about 4.4% of O Domhnaill Enterprises Inc.’s holdings, making the stock its 4th largest position. O Domhnaill Enterprises Inc.’s holdings in iShares Silver Trust were worth $5,503,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SLV. FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new position in iShares Silver Trust in the 1st quarter worth about $2,762,000. Ameliora Wealth Management Ltd. raised its position in iShares Silver Trust by 15.4% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after purchasing an additional 11,563 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in shares of iShares Silver Trust by 33.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock valued at $2,433,000 after acquiring an additional 9,391 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in iShares Silver Trust by 47.8% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock valued at $1,869,000 after buying an additional 9,384 shares during the period. Finally, Finer Wealth Management Inc. purchased a new position in iShares Silver Trust during the 4th quarter valued at about $709,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV traded down $1.08 during midday trading on Tuesday, hitting $55.03. 4,793,355 shares of the company traded hands, compared to its average volume of 60,910,965. The firm has a market cap of $29.39 billion, a P/E ratio of -8.51 and a beta of 0.49. The stock has a 50-day moving average price of $64.34 and a 200 day moving average price of $70.06. iShares Silver Trust has a 12-month low of $32.96 and a 12-month 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.