Kiker Wealth Management LLC Has $3.58 Million Position in iShares Silver Trust $SLV

Kiker Wealth Management LLC reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,982 shares of the exchange traded fund’s stock after selling 317 shares during the quarter. iShares Silver Trust accounts for 2.0% of Kiker Wealth Management LLC’s portfolio, making the stock its 14th largest position. Kiker Wealth Management LLC’s holdings in iShares Silver Trust were worth $3,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC acquired a new position in iShares Silver Trust during the first quarter worth $25,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Silver Trust during the second quarter worth $26,000. Trifecta Capital Advisors LLC bought a new stake in shares of iShares Silver Trust during the first quarter worth $31,000. Kentucky Trust Co grew its holdings in shares of iShares Silver Trust by 185.7% during the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 650 shares during the last quarter. Finally, Financial Management Professionals Inc. grew its holdings in shares of iShares Silver Trust by 37.6% during the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 302 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $47.26 on Tuesday. The stock’s fifty day moving average is $38.23 and its 200-day moving average is $33.86. The stock has a market capitalization of $25.77 billion, a PE ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $47.44.

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.