Granite Bay Wealth Management LLC Lowers Position in iShares Silver Trust $SLV

Granite Bay Wealth Management LLC decreased its position in iShares Silver Trust (NYSEARCA:SLV) by 20.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,718 shares of the exchange traded fund’s stock after selling 37,244 shares during the period. iShares Silver Trust comprises 2.2% of Granite Bay Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Granite Bay Wealth Management LLC’s holdings in iShares Silver Trust were worth $9,258,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raleigh Capital Management Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter valued at about $32,000. Rialto Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at about $33,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of iShares Silver Trust by 274.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 425 shares during the period. Hopwood Financial Services Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter valued at about $38,000. Finally, Bangor Savings Bank acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at about $38,000.

iShares Silver Trust Stock Down 4.8%

Shares of NYSEARCA SLV opened at $75.51 on Friday. iShares Silver Trust has a 52 week low of $29.09 and a 52 week high of $109.83. The firm has a 50-day moving average price of $69.96 and a 200 day moving average price of $66.58. The stock has a market capitalization of $42.74 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

Trending Headlines about iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

• Positive Sentiment: Clean-energy, AI infrastructure, and industrial demand are expected to support long-term silver ETF growth, which could benefit SLV over time. Clean Energy & Industrial Demand to Drive Long-Term Silver ETF Growth
• Positive Sentiment: Some analysts still see supportive silver fundamentals, suggesting the recent pullback may be driven more by macro headwinds than by a deterioration in demand. Gold and silver await fresh catalyst despite supportive fundamentals – Sucden Financials
• Neutral Sentiment: Silver traders are waiting for a new catalyst, with prices caught between supportive long-term demand and short-term macro uncertainty. Gold firms near $4,700, silver slips as Hormuz talks steady oil – Kitco AM Report
• Negative Sentiment: Silver has fallen as yields and the dollar strengthened, while hotter inflation data weighed on the rate-cut outlook and pressured precious metals broadly. Silver drops 4.6% as yields rise, gold holds above $4,650 – Kitco PM Report
• Negative Sentiment: UBS cut its silver price outlook, saying the expected supply deficit may narrow sharply in 2026, which could reduce upside for SLV. Silver price outlooks chopped as supply deficit forecasted to narrow dramatically in 2026 – UBS

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.