Apollon Financial LLC Has $229,000 Stake in iShares Silver Trust $SLV

Apollon Financial LLC trimmed its stake in iShares Silver Trust (NYSEARCA:SLV) by 70.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,548 shares of the exchange traded fund’s stock after selling 8,313 shares during the period. Apollon Financial LLC’s holdings in iShares Silver Trust were worth $229,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Raymond James Financial Inc. grew its position in iShares Silver Trust by 12.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after purchasing an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. grew its position in 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 purchasing an additional 573,660 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares Silver Trust by 1.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after purchasing an additional 26,710 shares during the last quarter. HighTower Advisors LLC grew its position in iShares Silver Trust by 5.7% in the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after purchasing an additional 94,521 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in iShares Silver Trust by 20.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after purchasing an additional 273,913 shares during the last quarter.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $69.08 on Friday. The firm has a market capitalization of $39.10 billion, a price-to-earnings ratio of -8.51 and a beta of 0.52. The company’s fifty day moving average is $71.58 and its two-hundred day moving average is $62.32. iShares Silver Trust has a 52-week low of $28.68 and a 52-week high of $109.83.

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. 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.