KKM Financial LLC Acquires New Position in iShares Silver Trust (NYSEARCA:SLV)

KKM Financial LLC bought a new position in iShares Silver Trust (NYSEARCA:SLV) during the third quarter, Holdings Channel.com reports. The fund bought 15,736 shares of the exchange traded fund’s stock, valued at approximately $447,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Whitaker Myers Wealth Managers LTD. boosted its holdings in shares of iShares Silver Trust by 3.1% in the third quarter. Whitaker Myers Wealth Managers LTD. now owns 11,339 shares of the exchange traded fund’s stock valued at $322,000 after purchasing an additional 340 shares during the period. Moloney Securities Asset Management LLC raised its position in iShares Silver Trust by 3.3% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 11,097 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 356 shares in the last quarter. Columbus Macro LLC lifted its holdings in shares of iShares Silver Trust by 1.8% in the 3rd quarter. Columbus Macro LLC now owns 20,462 shares of the exchange traded fund’s stock worth $588,000 after buying an additional 368 shares during the period. AlphaMark Advisors LLC grew its position in shares of iShares Silver Trust by 57.2% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 372 shares in the last quarter. Finally, Raymond James Trust N.A. raised its holdings in shares of iShares Silver Trust by 3.1% in the third quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock valued at $366,000 after acquiring an additional 383 shares in the last quarter.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $28.46 on Friday. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $31.80. The company has a 50-day moving average of $28.98 and a 200 day moving average of $27.56. The firm has a market cap of $13.36 billion, a PE ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

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.