Pinnacle Wealth Management Advisory Group LLC purchased a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 7,733 shares of the exchange traded fund’s stock, valued at approximately $498,000.
Several other institutional investors also recently modified their holdings of SLV. Brighton Jones LLC increased its stake in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $238,000. Capstone Wealth Management Group LLC bought a new position in shares of iShares Silver Trust in the 1st quarter worth about $443,000. Schnieders Capital Management LLC. increased its stake in shares of iShares Silver Trust by 15.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 1,300 shares in the last quarter. Finally, First Trust Advisors LP bought a new position in shares of iShares Silver Trust in the 2nd quarter worth about $886,000.
iShares Silver Trust Price Performance
Shares of iShares Silver Trust stock opened at $65.91 on Wednesday. The company has a 50-day moving average of $70.67 and a 200 day moving average of $65.13. The firm has a market cap of $37.31 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1 year low of $29.09 and a 1 year high of $109.83.
iShares Silver Trust News Roundup
- Positive Sentiment: Gold and silver received short‑term support after Treasury yields pulled back, which can help SLV by reducing the opportunity cost of holding non‑yielding metals. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Treasury Yields Pull Back
- Positive Sentiment: Ongoing Gulf/Strait of Hormuz risk lifted safe‑haven flows intermittently, helping silver demand despite mixed data on the dollar. Such geopolitical spikes can prompt short‑term inflows into SLV. Gold firms, silver gains as traders weigh Hormuz risk, dollar firmness
- Neutral Sentiment: A conditional US‑Iran truce eased immediate Hormuz disruption fears, which reduces near‑term safe‑haven demand for silver, but central‑bank purchases (notably China) continue to provide baseline support—result: mixed pressure on SLV. Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?
- Neutral Sentiment: Dislocations in the silver futures curve (AGQ backwardation and a delivery squeeze) have amplified volatility—this can boost short‑term prices but raises delivery/default risk that could reverberate through physical‑backed ETFs like SLV. AGQ’s Backwardation Squeeze Could Trigger a Delivery Default That Whipsaws Silver
- Negative Sentiment: Stronger U.S. economic data and firmer Treasury yields have pressured precious metals generally, weakening SLV as investors favor yield‑bearing assets over bullion. Gold, silver slide as stronger U.S. data, firmer yields pressure metals
- Negative Sentiment: Rate‑fear headlines (30‑year yield spikes toward 5.1%) and technical breakdowns have driven sector selling and weaker flows into gold/silver ETFs, weighing on SLV liquidity and price. Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over
- Negative Sentiment: ETF competition and tracking differences drew attention after an analysis showed SIVR outperforming SLV, a factor that could divert flows away from SLV if investors shift to alternatives. SIVR Beats SLV. Here Is Why.
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. 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.
Further Reading
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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.
