Souders Financial Advisors acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,584 shares of the exchange traded fund’s stock, valued at approximately $489,000.
A number of other hedge funds have also modified their holdings of the business. Legacy Edge Advisors LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $282,000. Partners in Financial Planning purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $241,000. Ellis Investment Partners LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $208,000. Advanced Asset Management Advisors Inc purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $273,000. Finally, Broussard Financial Group LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $4,742,000.
iShares Silver Trust Price Performance
Shares of SLV opened at $68.29 on Monday. The firm has a 50 day simple moving average of $70.88 and a 200-day simple moving average of $65.00. iShares Silver Trust has a 1-year low of $29.04 and a 1-year high of $109.83. The stock has a market cap of $38.65 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.
Key Stories Impacting iShares Silver Trust
- Positive Sentiment: Bank of America reiterates a very bullish precious-metals outlook, keeping a 12‑month gold target of $6,000 and forecasting silver to average $86 in 2026 — a forecast that supports higher demand expectations for SLV. Bank of America stands firm 12-month $6,000 gold target, sees silver averaging $86 in 2026
- Positive Sentiment: Spot silver is firmer versus gold as traders assess fresh global data and central bank cues — near‑term buying interest in physical/spot silver is a direct positive for SLV. Spot gold lower, silver strong as traders assess global data, central bank outlook
- Positive Sentiment: Recent Kitco coverage links rallies in gold and silver to a weaker USDX — dollar softness typically boosts precious metals and can drive ETF inflows into SLV. Gold, silver rally on slumping USDX, bargain buying
- Positive Sentiment: Structural supply dynamics remain supportive: analysis highlighting a multi‑year silver deficit and large physical drawdowns underpins a longer‑term bullish case for SLV. Gold (XAUUSD) & Silver Price Forecast: Silver’s 762M Oz Drain – Structural Bull Case Intact?
- Neutral Sentiment: Comparisons between gold and silver ETFs (IAU vs SLV) draw attention to cost/volatility tradeoffs and could influence investor allocation decisions into SLV without implying immediate directional pressure. How to Choose Between Gold ETF and Silver ETF? Comparing IAU and SLV in Terms of Cost and Volatility
- Neutral Sentiment: Broader ETF and equity flow headlines show a general risk‑on bias in markets, which can alternately help or hamper precious‑metals ETFs depending on risk appetite. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Big Tech Earnings, Economic Data
- Negative Sentiment: Technical analysis and macro commentary warn of near‑term pressure: higher oil prices raise inflation risks and could delay rate cuts, which is bearish for metals and may cap SLV gains. Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure
- Negative Sentiment: Short‑term technical resistance for silver near the mid‑$70s and analyst warnings that silver may struggle lower introduce downside risk for SLV if buyers fail to hold current levels. Gold (XAUUSD) & Silver Price Forecast: $4,532 Holds – Is Gold’s Road to $4,800 Now Open?
- Negative Sentiment: A critical Investopedia piece outlines a bear case for silver that, if echoed by larger investor groups, could pressure SLV through reduced speculative interest. Why This Expert Says Gold’s Comeback, and Silver’s Struggles, Aren’t a Good Sign for Precious Metals
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.
Read More
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
