Apollon Wealth Management LLC Acquires 470 Shares of iShares Silver Trust $SLV

Apollon Wealth Management LLC increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,163 shares of the exchange traded fund’s stock after purchasing an additional 470 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Silver Trust were worth $1,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new position in shares of iShares Silver Trust during the first quarter valued at $25,000. Highline Wealth Partners LLC bought a new position in shares of iShares Silver Trust during the second quarter valued at $26,000. Trifecta Capital Advisors LLC bought a new position in iShares Silver Trust in the first quarter valued at about $31,000. Kentucky Trust Co lifted its holdings in iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 650 shares during the period. Finally, Financial Management Professionals Inc. lifted its holdings in iShares Silver Trust by 37.6% in the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 302 shares during the period.

iShares Silver Trust Stock Performance

SLV stock opened at $47.26 on Tuesday. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $47.44. The business’s 50-day moving average is $38.23 and its two-hundred day moving average is $33.86. The company has a market cap of $25.77 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59.

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.